Geospatial analytics startup AiDash lands $27M

Learn more about what comes next. AiDash, a company using satellite imagery and AI to monitor infrastructure, today announced that it raised $27 million in series B funding led by G2 Venture Partners, with BGV, National Grid Partners, and additional strategic investors participating. The proceeds bring the company's total raised to date to $33 million, which AiDash says will be put toward expanding its workforce and further developing its platform. Companies in a range of markets are using satellite imagery to improve efficiency, reduce environmental impact, and even make investment decisions. Driving the adoption is an explosion of data -- at the start of 2019, an estimated 5,000 satellites revolved around the Earth's orbit -- but also advancements in AI that make analyses of the imagery more attainable than before.