The satellite imagery analytics company has raised money from a consortium that included existing client Cargill.
US-based geospatial analytics provider Descartes Labs has raised $30m in a series B round from investors including trading conglomerate Cargill.
The round was led by venture capital fund March Capital, while Crosslink Capital and Cultivian Sandbox also took part.
Descartes Labs is a spinout of Los Alamos National Laboratory, operated by the US Department of Energy. The company has developed machine learning technology to gain actionable insights from satellite imagery, processing thousands of gigabytes within hours.
The company hopes to…
