LiveEO Raises €25M in Series B Funding
LiveEO Raises €25M in Series B Funding

LiveEO Raises €25M in Series B Funding

News summary

LiveEO, a Berlin-based company, raised €25M in Series B funding led by NordicNinja and DeepTech & Climate Fonds to accelerate the development of solutions using high-resolution satellite data and AI for climate risk management. Founded in 2018, LiveEO's platform aids critical infrastructure operators in real-time detection of extreme weather events, deforestation, and environmental risks worldwide. The company's advanced AI converts vast satellite data into actionable insights, helping industries reduce carbon footprints and enhance climate resilience. LiveEO's innovative technology is trusted by major entities like Deutsche Bahn and offers solutions for monitoring environmental risks and complying with evolving regulations globally.

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