We are delighted to have advised Christchurch-based geospatial and artificial intelligence company Orbica on its $2.8 million seed round. The round was led by Pacific Channel, with participation from Ngai Tahu (through its New Economy Fund) and Enterprise Angels.
Orbica was founded in 2017 by Kurt Janssen with the goal of using emerging technology to deliver innovative solutions in the geospatial industry. Today, Orbica is pioneering the development of geospatial artificial intelligence (GeoAI) and next-gen geospatial data management to increase the adoption of geospatial data in today’s modern enterprises.
The funding will allow Orbica to build on its existing solutions and knowhow with a view to democratise access to geospatial data and tooling well beyond the traditional silos of ‘GIS’.
Partner Fiona MacKinnon says: “Orbica’s business focuses on long term relationships with its customers and making complex information accessible – two things that particularly resonate with us. Kurt is an impressive founder with a great team and we’re looking forward to seeing Orbica capitalise on the fantastic work it has done so far, fuelled by this new funding.”
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