skip to primary navigationskip to content

GeoSpock Lands £10 Million in Additional Funding 

last modified Jan 09, 2019 01:32 PM
ideaSpace alumni and extreme data specialists, GeoSpock, have secured an extra  £10 million in funding. The latest round was led by Cambridge Innovation Capital (CIC) jointly with Parkwalk Advisors and Japanese firms Global Brain and 31Ventures. Japanese data tech company KDDI Supership joined as a strategic investor. Investment was also secured from existing investor, Jonathan Milner.
This latest funding injection takes GeoSpock's total investment raised to £19.5 million and will fast track GeoSpock's plans for international expansion, with particular focus on developing client bases in Singapore and Japan. It will also feed further product development in the areas of machine learning and data science. 

 

Victor Christou, CEO of Cambridge Innovation Capital said: “We’re delighted to lead GeoSpock’s latest funding drive, enabling this exciting company to innovate and scale globally. 

 

“The opportunity presented by geospatial data is huge and this funding will support GeoSpock in delivering geo-temporal data understanding and visualisation for the everything-connected world. 

 

“We also welcome KDDI Supership to this investment, whose expertise, particularly in Asia, will help GeoSpock widen and deepen its global reach.”

Read in full here.

RSS Feed Latest news

LESSONS FOR A FOUNDER: Money Matters with Steve Ellis

Dec 10, 2019

Co-Director of Staffords, Steve Ellis, spoke at our last Building the Basics of a Business event about the financial aspects of starting your venture. He offers 10 pieces of practical advice to anyone who is in the early stages of a start-up. Staffords are Chartered Acountants who serve a range of businesses in and around Cambridge, from start-ups and individuals with small investment portfolios to large professional partnerships and companies with a turnover of £10 million. Steve’s top tip is to stay focused on the big picture and have controls in place to take care of the little stuff. If that can be monitored and checked quickly you shouldn’t ever need to look at the detail. Read on for more valuable advice …

LESSONS FROM A BUSINESS FACILITATOR: 5 Ways to a Successful Strategy

Oct 31, 2019

This month, business facilitator, Ludo Chapman, talks about 5 sets of recommendations and actions to help any aspiring entrepreneur or early stage start up to grow a business and untangle strategic problems. Ludo is founder of The Innovation Practice and has over 30 years’ experience ranging from launching and leading start-ups to running a mid-sized business. He started out by setting up a software training company before becoming CEO of a scientific instrument business, Grant Instruments. More recently he has been helping technology start-ups get funding, leading product launches and set up their sales channels, both in B2B and consumer markets.

View all news