SatSense - detecting subsidence from satellite data
by Startacus Admin
SatSense is a Leeds-based startup that has developed technology that uses satellite data to detect subsidence in the ground
.jpeg)
The pain of subsidence is one that all too many homeowners know well. It causes our homes to list in a way that homes just aren’t built to do, and all kinds of cracks and structural damage ensue, leaving us with a house that we can’t sell.
Scale this up to something bigger, and it can put lives in danger by causing damage to the likes of gas pipelines, power plants, and transport infrastructure. All of this becomes much more worrisome in light of climate change, where hotter, dryer summers, and colder, wetter winters will be having a greater impact on subsidence than ever before.
Leeds-based startup SatSense has developed technology that uses satellite data to detect subsidence in the ground.
Their algorithms convert this raw data into datasets that provide the user with highly accurate measurements on ground movement, updated every 6 days. This technology is so precise and of such high resolution that it can be used not only for the large-scale, such as dams, power plants, and pipe networks, ensuring that infrastructure is kept safe and built on stable ground in future, but also at the property level for conveyancing, mortgage lending, and insurance.
Of course, this platform can also be used as an early warning system to keep an eye on ground movement that might eventually put lives or property in danger, such as a shifting embankment under a railway line or a sharp incline overlooking a road.
In April, SatSense announced that it had secured £1.5 million in its latest round just ahead of its product launch. This investment comes from the Northern Powerhouse Investment Fund - specifically Mercia Equity Finance - and the Government Future Fund, and brings the total funding that they have raised so far to just under £3 million.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
The impressive cohort of leading late-stage tech companies taking part in Tech Nation's prestigious Future Fifty programme has now been revealed...
Emeka Ikechi, Director of Vanity Studios shares his insights on the importance of getting your social media imagery right and a few of the key things you should consider...
.png){kind=logo}
The lowdown on JustTip, the Dublin-based fintech startup that's developed an innovative solution to change the way we tip
Want to streamline your business protection? Here are 5 of the top SaaS tools that can help you do just that.
Got issues with equipment theft by employees in your office or workplace? These practical tips will help prevent just that.
.jpeg)
Ensuring your employees are safe in the workplace is a must. Here are a few of the best ways that you can do just that.
The lowdown on the innovative companies that have been accepted into Net Zero 2.0, the programme dedicated to supporting the UK’s most promising climate tech companies
Fintech startup Lightyear announces major funding boost to accelerate its plans to open up transparent and low-cost investing to everyone in Europe
Planning to build your business into a luxury brand? These tips will help you do just that...
.png)
The lowdown on Abtrace, the startup that's created an AI solution to help clinicians make more informed decisions and deliver earlier diagnosis
Published on: 4th May 2021
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Shutterstock Acquires Leading Creative Design Platform PicMonkey 10th Sep 2021 Shutterstock acquires PicMonkey to help expand its offering to small businesses, by providing additional tools to non-professionals to elevate their visual content
- Thermulon fundraise to support development of innovative thermal insulation product 8th Sep 2021 Thermulon launches CrowdCube campaign to help bring its innovative aerogel solution to the fast-growing global thermal insulation market.
- UK's Female Startup of the Year 2021 competition now open 3rd Sep 2021 Inspiring and ambitious female founders take note - Enterprise Nation's annual Female Startup of the Year competition is open for applications
- ECOncrete Secures $5 million+ Series A Funding 1st Sep 2021 Major funding boost for ECOncrete Tech to support development and growth of its innovative ecological marine construction solutions.
