Geocento provides satellite imagery services and a marketplace for accessing imagery from over 250 satellites. The platform offers multi-source image procurement and derived analytics.

Geocento

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Lauren Carnell

United Kingdom Companies With Less Than $50M in Revenue (Top 10K)

Europe, Middle East, and Africa (EMEA) Seed Stage Companies (Top 10K)

Web Apps Seed Stage Companies With More Than $1M in Revenue

Europe, Middle East, and Africa (EMEA) Seed Stage Companies With More Than $1M in Revenue

For Geocento, the big picture in commercial earth observation is that investment has been overwhelmingly focused on space (upstream) and value-added (downstream) segments. However, return on investment in these two segments is very sensitive to the design of the part that connects the two, the midstream, yet this crucial part of the value chain has received far less investment, perhaps in part because it sounds far less exciting!

The result is that the design of the midstream is not in line with the current state of the market and is more reflective of conditions a decade or more ago. Specifically, the midstream is dominated by single source supply chains, which are designed for a time when the market was dominated by a small number of data providers with a limited range of sensor capabilities. At that time, it made sense for procurement to focus on selecting between a small number of providers because there may have been little need to select more than one data source with similar characteristics and capabilities. 

Now, however, the situation has moved on and this model is no longer fit-for-purpose. New models for the midstream are required based on services that assume a multi-source supply. Key features of such a capability that Geocento has developed includes the following:

1.     Flexible procurement: traditional fixed cycle procurement in which specific data requirements are defined up front and re-competed every N years needs to be augmented by provider lifecycle management, making the market more dynamic and competitive, driving standards and allowing easier market access to innovative space start-ups.

2.     Powerful insights: access to diverse data sources which can be used in a synergistic fashion supported by operational and commercial (licensing) harmonisation for usability and scalability. No one data provider can cover the full range of earth observation capabilities. Use cases and analytics based on harmonised access to multiple data sources is the future, in our view.

3.    Intelligent operations. There has been significant progress in this already, such as in multi-source data catalogue access, but there is much more to do. Data collection, for example, should be open to optimisation based on latency, cost or other conditions (such as synergistic collection of complementary data), with different sources configured and managed according to the specific needs of a customer, supported via an independent and expert advisory layer to provide the customer with guidance and ultimately confidence in using what is still, to most people, somewhat daunting technology.

Seed Round - Geocento

Non Equity Assistance - Geocento

Computer and Software Products and Electrical and Scientific Products

Didcot

Oxfordshire

United Kingdom

Europe

Thailand

Asia

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Romania

Serbia

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