Machine learning firm raises £3.5 million investment

Visual intelligence firm Geospatial Insight, has raised £3.5 million from private equity company Foresight Williams and VenturesOne investments. The money will be used to improve its machine learning capabilities, boost its additional product streams and develop visual intelligence customer solutions. Geospatial, founded in 2012, aim to give corporations and governments accurate real time data to tackle some of the world's most challenging problems, such as crop shortages, deforestation and tracking greenhouse gas emissions by using satellites and drones. Their programme also aims to spot trends and gain insight into global events by bringing together data from satellites, drones and aircraft. Machine learning gives computers the ability to learn from repeated data patterns without being programmed.