# Picterra

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

- Industry: Software
- Headquarters: Switzerland
- Website: www.picterra.ch
- Total disclosed funding: $3.3M
- Latest round: Series A (Dec 14, 2022)
- Investors on record: 5

## About

Picterra SA, based in Chavannes, Switzerland, specializes in geospatial AI solutions, enabling users to build AI models for detecting objects and changes in various data types, including satellite and drone imagery.Founded in 2016, Picterra SA operates in the geospatial AI landscape, providing a platform for advanced data analysis and model building. The company is led by CEO Pierrick Poulenas. In December 2022, Picterra raised USD 6.50 mn in a funding round led by Vi Partners, with Ace & Company also participating. The total amount raised to date stands at USD 6.50 mn, encompassing five funding deals, the latest being in December 2022.Picterra specializes in geospatial AI solutions, providing a fully productized GeoAI system that includes plot monitoring, reporting, and verification. Their platform allows users to create custom AI models to detect changes and patterns using satellite, aerial, and drone imagery. Target industries include mining, agriculture, forestry, and FMCG, promoting sustainability, compliance, and supply chain integrity, and serving a global clientele primarily in Europe, North America, and parts of Asia.Picterra generates revenue through a subscription-based model for its primary product, the Picterra platform, and additional services like Picterra Tracer. These services cater to various industry applications, engaging clients in B2B transactions. Price structures are customized based on customer needs, and the company integrates with platforms such as ESRI ArcGIS Pro and Safe FME to enhance client workflows.Picterra plans to leverage its recent funding of USD 6.50 mn raised in December 2022 to develop new products and expand its market presence. The company is actively designing additional features for its platform, targeting expansion into emerging markets in Asia and South America by 2024 and enhancing its service offerings to better support sustainability initiatives.

## Funding rounds

- Series A, Dec 14, 2022 — Vi Partners, ACE & Company
- Seed, Sep 17, 2019, $3.3M — Omidyar Network, Atlantic Labs, Space Angels
- Seed, Jan 1, 2017 — Atlantic Labs

## Investors

- Atlantic Labs (https://capitalatlas.ai/funds/atlantic-labs) — Seed
- Omidyar Network (https://capitalatlas.ai/funds/omidyar-network) — Seed
- Space Angels (https://capitalatlas.ai/funds/space-angels) — Seed
- Vi Partners (https://capitalatlas.ai/funds/vi-partners) — Series A
- ACE & Company (https://capitalatlas.ai/funds/ace-company) — Series A