Eartheye Space, a Singapore-based startup founded in 2022, has raised $1.5 million in pre-seed funding to expand its online satellite-tasking platform. The company, which describes itself as the “Uber Eats” of Earth-observation data, enables customers to access and analyze data from a vast network of over 475 satellites equipped with various sensors.
“You can task them together in the same workflow,” Eartheye Space founder and CEO Shankar Sivaprakasam told SpaceNews. With the recent investment, Eartheye Space plans to expand its reach to Africa and the Middle East in the near future, followed by the USA in 2025. The funding will also support the company's efforts to access additional data sources, expand its team, and refine its computer-vision and machine-learning algorithms.
Eartheye Space's platform allows customers to task a wide array of satellite sensors, including multispectral, hyperspectral, synthetic aperture radar, thermal infrared, greenhouse gas, full-motion video, automatic identification systems, and radio frequency sensors. Once the data is acquired, Eartheye Space leverages computer vision and machine learning to extract meaningful insights. “You task a satellite, and you get the data,” Sivaprakasam explained. “Within two to three minutes, we extract the information from the data and tell you the information of interest to you.”
Eartheye Space's technology caters to a diverse range of customers. For example, the Navy can use the platform to monitor transshipment activities in the South China Sea, while organizations concerned with deforestation can obtain detailed insights into deforestation patterns, including the extent of the damage and the resulting biomass loss.
The funding round was led by a group of tech investors, family offices, and high-net-worth individuals, including hedge fund founder Sir David Harding and startup advisor Joshua Kennedy-White. “This investment not only validates our vision of transforming how intelligence from space is rapidly gathered and used by our customers but empowers us to accelerate our mission,” Sivaprakasam, who previously served as vice president for the Asia Pacific and Japan at Planet, said in a statement.
Eartheye Space has also participated in the Seraphim Space and Creative Destruction Lab accelerators, demonstrating its commitment to innovation and growth within the space tech industry.