Spookfish mapping receives $6m boost  

By on 20 October, 2015
Spookfish-630

Spookfish’s Geospatial Imagery Platform

 

Imagery company Spookfish continues to be backed by some of Perth’s biggest investors with an announcement last week stating the company’s shares achieved  “high-net worth, institutional investors and excising major shareholders” that had closed “oversubscribed”.

The announcement did not disclose who the “high-net worth” investors were. Spookfish, which backdoor listed in February through the shell of failed explorer White Star Resources after raising $5 million, is focused on the development and commercialisation of next generation geospatial imagery products and services.

The company’s mission statement reads, “By starting from a clean sheet and disregarding what was thought impossible, our revolutionary technology enables rapid imaging of entire countries in high resolution from a multitude of angles at a fraction of the cost of contemporary systems.”

Spookfish has said it would use the raising to develop its “generation two” mapping system.

The company’s list of backers includes tech investor Tony Grist, Navitas founder Rod Jones, Market Equity founder Brent Stewart and former Little Creatures chief Jason Marinko, the company’s executive chairman.

 

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