Matter Intelligence raised $12M in seed funding led by Lowercarbon Capital to accelerate the development of its advanced remote sensing technology.

Oct 30, 2024•about 1 year ago

Amount Raised

$12 Million

Round Type

seed

Los AngelesArtificial Intelligence

Investors

E2 McMark CubanPearToyota VenturesLowercarbon Capital

Description

Matter Intelligence has emerged from stealth with plans to launch space sensors for capturing unprecedented data about matter on Earth. The startup secured $12 million in seed funding to enhance its sensor infrastructure, which will power industries and improve AI models' understanding of real-world events.

Company Information

Company

Matter Intelligence

Location

Los Angeles, California, United States

About

Matter Intelligence is a California-based remote sensing startup that specializes in advancing sensor infrastructure for capturing detailed, beyond-visible data of both natural and artificial materials. The company aims to create the most comprehensive Earth observation dataset ever compiled, which will support industries and enhance AI models' understanding of real-world events. Founded by former NASA engineers, Matter is focused on developing hyperspectral imaging technology to revolutionize remote sensing. Their first satellite, EARTH-1, will map and monitor Earth's materials in real-time.

Related People

2 contacts

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends