Geospin, a Germany-based geodata analytics software spinout from Albert Ludwig University of Freiburg, secured a seven-figure euro sum (€1m = $1.2m) on Wednesday from private-public partnership High-Tech Gründerfonds and energy utility holding company Thüga.
Founded in 2016, Geospin is developing an enterprise software platform that matches a client’s internal data with geodata sources such as GPS to detail locational factors such as weather, traffic and points-of-interest.
The platform applies machine learning to the data to provide live geographical demand forecasts for…
