# SpaceSense

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

- Industry: Information Services
- Headquarters: Paris, France
- Website: www.spacesense.ai
- Total disclosed funding: $0.6M
- Latest round: Seed (Nov 27, 2020)
- Investors on record: 2

## About

SpaceSense leverages advanced technology to provide innovative solutions for urban and environmental monitoring, enhancing data accessibility and operational efficiency.Founded in 2019 in Paris, France, SpaceSense specializes in urban and environmental data solutions. The company has undergone no notable pivots in its strategy or operations since its inception. The founders, Jyotsna Budideti and Sami Yacoubi, have backgrounds that support their expertise in technology and data. SpaceSense raised EUR 523,200 in Seed funding in November 2020, which represents the total amount raised to date, with investors including Space Ventures Investors and TechMind. The latest funding round took place on 2020-11-27, leading to a current company valuation of EUR 2.733 mn.SpaceSense offers a range of data solutions focused on urban and environmental monitoring. The core product utilizes advanced technology for real-time data collection, analysis, and visualization, empowering users to make informed decisions regarding urban management and environmental sustainability. The service is tailored for municipalities, environmental agencies, and corporations, specifically in Europe, with a mission to enhance operational insights and improve urban ecosystems.SpaceSense generates revenue through a subscription-based model, allowing clients to access its data solutions based on specific needs and project scopes. This model supports a diverse clientele, including government agencies and businesses, enabling tailored solutions for various urban management projects. The company benefits from direct contracts and partnerships with local governments and institutions, positioning itself effectively within the market.SpaceSense plans to expand its product offerings by developing new features aimed at enhancing real-time monitoring capabilities. The company is targeting expansion into additional European markets by 2023, focusing on regions with increasing urbanization challenges. The recent Seed funding of EUR 523,200 will support these initiatives, facilitating product development and market entry strategies, thereby enhancing its competitive position in the urban management sector.

## Funding rounds

- Seed, Nov 27, 2020, $0.6M — TechMind, Space Ventures Investors

## Investors

- TechMind (https://capitalatlas.ai/funds/techmind) — Seed
- Space Ventures Investors (https://capitalatlas.ai/funds/space-ventures-investors) — Seed