Zurich/Schlieren ZH – The Venture Kick initiative is supporting askEarth with 150,000 Swiss francs. The Zurich-based start-up is developing a solution that allows companies and private individuals to access satellite images in real time. Now the team is being strengthened.
The Zurich-based start-up askEarth has received funding of 150,000 Swiss francs from Venture Kick, as detailed in a press release. The company impressed the jury with a search engine for geodata based on large language models (LLM). The solution is intended to democratize access to satellite images. This will enable both companies and private individuals to call up precise geoinformation in real time.
According to askEarth, it is currently complicated to gain insights from satellite images because this requires advanced data science knowledge. This is set to change with the start-up's "user-friendly answer machine".
The spin-off of the two Federal Institutes of Technology in Zurich and Lausanne and the University of Zurich will use the 150,000 francs to strengthen the capacity of its team. The start-up also wants to meet the needs of 25 large companies that have already expressed interest in integrating the solution.
The Venture Kick funding initiative supports young companies from the initial idea to the founding of the company. The Venture Kick Foundation has IFJ Institute for Young Entrepreneurs, which is represented in Schlieren, St. Gallen and Lausanne, with the implementation of the initiative. ce/ssp