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MGISS raises £600K for geospatial data mapping critical infrastructure

Jan 29, 2024almost 2 years ago

Amount Raised

£600,000

Round Type

seed

LiverpoolMapping ServicesGeospatial

Investors

Npif – Mercia Equity Finance

Description

Mobile GIS Services (MGISS) announced that it has raised £600,000 from NPIF – Mercia Equity Finance for the development of a new and more powerful system that will use high-resolution satellite images provided by the European Space Agency (ESA) to enable utility firms worldwide to oversee key locations while cutting carbon emissions.

Company Information

Company

Mobile GIS Services (MGISS)

Location

Liverpool, Merseyside, United Kingdom

About

Mobile GIS Services (MGISS) is a geospatial firm that uses satellite data and mapping technologies to help operators identify potential risks and ensure the work does not affect existing infrastructure.

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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
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech