UAE-based Stellaria has raised $6.8 million in a seed round from a group of angel investors.
Stellaria develops geospatial AI technology that transforms satellite data into AI for businesses and organizations.
The company says it will use the new capital to expand its technical team, advance its AI and geospatial technologies, and fast-track deployments across the UAE and international markets.
“This next phase will allow us to invest further in our technology, strengthen our team and build scalable products that can compete internationally. Our ambition is to build globally relevant space and AI technology from the UAE and contribute to the country’s growing position as a hub for advanced innovation.” Dr. Ali AlHammadi, Founder and CEO of Stellaria.
For black businesses and founders, accessible geospatial intelligence can help companies monitor infrastructure and assess physical assets. It can also give smaller companies better visibility into markets and assets, helping them make faster and more informed decisions.
