Picterra
Rue de la Mouline 8, Chavannes-près-Renens, Vaud, 1022, Switzerland
Overview
Picterra builds geospatial artificial intelligence (GeoAI) software and enterprise solutions that transform satellite, drone, and aerial imagery into actionable intelligence. The company offers a flexible platform used for monitoring physical assets and supporting customer traceability needs. Picterra is developing an advanced traceability solution to deliver near-real-time global supply chain monitoring for the soft commodity sector. Planned platform improvements include greater automation of the full monitoring pipeline, a more robust machine-learning architecture, and the ability to ingest high-temporal-frequency imagery automatically. These enhancements are intended to speed detection, improve insight quality, and reduce costs associated with supply chain audits. Picterra was founded in 2016 and is based in Lausanne, Vaud, Switzerland. Picterra offers a collaborative end-to-end, no-code ML SaaS platform for geospatial analysis that lets users train, deploy, and manage algorithms on satellite and aerial imagery. The platform enables businesses to build and deploy deep-learning models quickly and securely without writing code. Picterra positions itself as the first geospatial intelligence platform to enable autonomous extraction of insights from imagery. The company said it will use the new capital to further innovate the platform, scale the business, and boost mass adoption among enterprise customers. Picterra closed a $6.5M funding round in April 2022 to support product development and commercial expansion. Picterra is an AI-based SaaS platform that lets users interactively create personalized AI models to detect, localize, and count objects in satellite and aerial imagery. The platform is community-driven: users pool their data and expertise to collectively build a library of deep learning algorithms. This approach gives non-data scientists and developers the ability to analyze and draw real-time insights from imagery. Founded in 2016 by Pierrick Poulenas and Frank de Morsier and based in Lausanne, Switzerland, the company focuses on democratizing geospatial analysis. In September 2019 Picterra raised $3.3M in seed funding from backers including Space Capital, Omidyar Network, Atlantic Labs, and another European venture capital firm. The company intends to use the funds to grow its team and expand its business reach. Picterra builds AI systems and an interactive platform for automated processing and exploitation of aerial and satellite imagery, enabling users to develop and manage custom models. The team brings nearly 30 years of experience applying AI to Earth observation image processing. The company aims to democratize access to geospatial imagery and to surface new insights by linking human expertise with AI. Growing availability of drones and microsatellite constellations is increasing demand for customizable intelligent image‑processing systems. With the FIT support, Picterra plans to automate its existing processing chains, deploy compute and parallel‑processing infrastructure, and develop the platform interface to accelerate commercial deployment. The company is one of the early-stage firms in Switzerland's Romandy region targeting prototyping and product development.
- Total raised
- $10M
- Funding rounds
- 4
- Latest round
- Series A
- Latest activity
- Apr 2022
Industries
- Aerospace
- Artificial Intelligence (AI)
- Computer Vision
- Drones
- Geospatial
- Information Technology
- Machine Learning
- SaaS
Recent funding
Series A
Apr 2022
$7M
Seed
Sep 2019
$3M
Seed
Nov 2017
$0M