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blackshark.ai Closes an Oversubscribed Extension to its Series A Round, totaling $35 Million, to Fast-Track Commercialization of its Unique GEOINT and 3D Mapping Technology

By Eric Van Rees - 21st November 2023 - 08:00

blackshark.ai, an AI geospatial intelligence (GEOINT) company, known for creating the first 3D digital twin of the entire Earth for Microsoft’s Flight Simulator, announces the successful closure of an oversubscribed $15 million Series A extension, thereby raising the total Series A round to $35 million.

Existing investors Point72 Ventures, M12 Microsoft’s Venture Fund, and Maxar are joined by In-Q-Tel (IQT), Safran, ISAI Cap Venture, Capgemini’s VC Fund managed by ISAI, Einstein Industries Ventures, Interwoven Ventures (formerly ROBO Global Ventures), Ourcrowd, Gaingels and OpAmp Capital.

Michael Putz, CEO of blackshark.ai, states, “The new partnerships strengthen our vision to democratize high-frequency 3D mapping applications across an extensive range of geospatial use cases, both public and private.”

Originating from the dynamic world of video gaming, blackshark.ai emerged as a pioneer offering government and commercial clients dynamic, high-frequency 3D mapping, geospatial intelligence, and valuable insights, empowering them to make informed, strategic decisions. Traditional 3D mapping based on photogrammetry is slow and costly, and requires a large amount of imagery, while blackshark.ai can deliver 3D visualization for digital twins, training & simulation rapidly at scale for a fraction of the cost with one single image.

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