Leeds has backed its new subsidence measuring spinout Satsense in a round which also featured corporate Unipart Rail and government-backed Northern Power Investment Fund.
Satsense, a UK-based satellite data analysis spinout from University of Leeds, has made its public debut with £750,000 ($1m) raised in a seed round backed by the university, Bdaily News reported on Wednesday.
The seed round was backed by the university together with railway parts supplier Unipart Rail and NPIF – Mercia Equity Finance, part of the UK government-backed Northern Power Investment Fund.
Founded in December 2017, Satsense is developing a platform that applies algorithms to satellite radar images to measure subsidence, the…
