# Blackshark.ai

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blackshark-ai

- Industry: Software
- Headquarters: Graz, Austria
- Website: www.blackshark.ai
- Total disclosed funding: $35M
- Latest round: Series A (Nov 16, 2023)
- Investors on record: 11

## About

Based in Austria, Blackshark.ai GmbH specializes in advanced geospatial technology, providing AI-driven products that create detailed 3D digital twins of the Earth’s surface.Founded in 2020 in Graz, Austria, Blackshark.ai GmbH focuses on geospatial technology. The company has successfully raised funding through 3 key deals, with its latest being a Series A round that raised EUR 13.8 mn on November 16, 2023, from investors including Point72, M12, and Maxar Technologies Inc. The company’s CEO, Michael Putz, leads the organization, which has not undergone significant strategic pivots since its inception.Blackshark.ai specializes in advanced geospatial technology, primarily offering the ORCA™HUNTR tool for object identification and the SYNTH3D platform for generating realistic 3D environments from satellite and aerial imagery. Their technology supports a range of applications in urban planning, finance, and disaster relief, serving clients like Microsoft in North America and Europe.Blackshark.ai generates revenue through B2B partnerships and direct contracts, utilizing subscription and service agreements for access to its proprietary tools like SYNTH3D and ORCA™HUNTR. Clients across aviation, urban planning, and mixed reality sectors engage these solutions, ensuring a consistent revenue stream while specific pricing details remain undisclosed.In November 2023, Blackshark.ai GmbH raised EUR 13.8 mn in Series A funding to enhance its mapping and geospatial intelligence capabilities. The company plans to develop new products aimed at expanding its market presence, particularly targeting North America and Europe. The recent funding will support these growth initiatives, allowing for further development of their technology.

## Funding rounds

- Series A, Nov 16, 2023, $15M — ISAI, In-Q-Tel, M12, OurCrowd, Point72 Asset Management, Gaingels, Safran Corporate Ventures, Maxar Technologies Inc., OpAmp Capital, ROBO Global, LLC, Einstein Industries Ventures
- Series A, Nov 10, 2021, $20M — M12, Point72 Asset Management

## Investors

- M12 (https://capitalatlas.ai/funds/m12) — Series A
- Point72 Asset Management — Series A
- ISAI (https://capitalatlas.ai/funds/isai) — Series A
- In-Q-Tel (https://capitalatlas.ai/funds/in-q-tel) — Series A
- OurCrowd (https://capitalatlas.ai/funds/ourcrowd) — Series A
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series A
- Safran Corporate Ventures (https://capitalatlas.ai/funds/safran-corporate-ventures) — Series A
- Maxar Technologies Inc. — Series A
- OpAmp Capital (https://capitalatlas.ai/funds/opamp-capital) — Series A
- ROBO Global, LLC — Series A
- Einstein Industries Ventures (https://capitalatlas.ai/funds/einstein-industries-ventures) — Series A