Latitudo 40 uses satellite imagery and artificial intelligence to extract information for environmental and climate decision support. Founded in 2017 and based in Naples, the company launched the EarthDataPlace platform in 2023 to integrate data from ESA, NASA and commercial constellations into a single automated operational platform. Customers include public administrations, urban planners and critical infrastructure managers across Italy, Europe and North America. The company reported positive growth in 2023 in terms of clients and team. Latitudo 40 operates in a rapidly growing Earth observation market, which the article estimates will reach $14.6 billion by 2034 (from $6.8 billion in 2024). The new financing is intended to accelerate development of new solutions and product innovation.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Jul 2024