# Piesat

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

- Industry: Software
- Headquarters: Beijing, China
- Website: www.piesat.com.cn
- Total disclosed funding: $7.4M
- Latest round: Series C (Nov 8, 2016)
- Investors on record: 5

## About

Founded in 2008 and based in Beijing, China, Piesat operates as an aerospace service company that focuses on providing satellite application system services. The company has 3 branch offices in Xi'an, Wuhan, and Harbin. It was recognized as the National High-tech Enterprise. In November 2016, Piesat raised a series C funding for CNY 50 million from new investor Tianjin Venture Capital. In July 2019, the company was listed on the Shanghai Stock Exchange.

Piesat's main business is satellite operation and application services. It integrates remote sensing technology with cloud computing technology and develops remote sensing image data processing software remote sensing PIE, application service integration bus, spatial information 3D visualization platform, etc. It provides basic software products, system design and development, remote sensing cloud services and other spatial information application solutions for governments, enterprises, universities and other relevant departments.

The company generates revenue by providing satellite operation and application services.

## Funding rounds

- Series C, Nov 8, 2016, $7.4M — Tianjin Venture Capital
- Series A, Jan 7, 2014 — Bridge Capital, Greem Consulting
- Angel, Mar 26, 2012 — QF Capital, Upring

## Investors

- QF Capital (https://capitalatlas.ai/funds/qf-capital) — Angel
- Upring — Angel
- Bridge Capital (https://capitalatlas.ai/funds/bridge-capital) — Series A
- Greem Consulting — Series A
- Tianjin Venture Capital (https://capitalatlas.ai/funds/tianjin-venture-capital) — Series C