Led · Equity · Feb 2018

Rezatec delivers scalable satellite data analytics and cloud-based geospatial analytics to customers in the Forestry, Water, Agriculture and Infrastructure sectors. The company applies data science to satellite imagery and geospatial data to optimize the use of natural and man-made assets. Led by CEO Patrick Newton, Rezatec serves customers who are described as leaders in their respective industries. The company plans to expand customer acquisition across North America, Africa and Asia Pacific. Rezatec also intends to increase its portfolio of proprietary geospatial technologies in the coming months. Financially, the company completed a £2m seed equity round earlier in 2018 and has since received additional growth financing. Rezatec is a Harwell, Oxfordshire, UK–based provider of geospatial data analytics serving Infrastructure, Forestry and Agribusiness sectors. Led by CEO Patrick Newton, the company offers a platform whose proprietary algorithms ingest satellite, airborne and ground sensor data to predict outcomes for key assets. Its analytics address commercial needs such as commodity crop yield optimization, forest inventory management and identification and prediction of pipeline network leakage. Users include major utilities, agribusinesses, large forestry groups, consulting partners and governments worldwide. The company completed the second phase of a £2m financing round and plans to use the capital to continue expanding its commercial customer base in target markets. Rezatec provides satellite-driven data analytics that use proprietary algorithms to process inputs from satellite, airborne and ground sensors to predict outcomes for key assets across Utilities, Agribusiness and Energy sectors. Its solutions enable yield optimization for commodity crops, water catchment pollution and soil erosion forecasts for Water Utilities, and pipe burst and subsidence movement predictions for Energy and Utilities. Users include major UK utilities, agribusinesses, consulting partners and government. Led by CEO Patrick Newton and based in Harwell, UK, Rezatec intends to use its recent funding to expand its sales and marketing teams worldwide as it grows its global customer base. The company completed a £1m+ seed financing round in April 2016 to support that expansion.