Satelytics lands $5M investment to scale geospatial analytics software in oil & gas industry

Satelytics Inc., the geospatial analytics software startup in Toledo, has landed a $5 million investment from BP Ventures, the venture-capital unit of British Petroleum.

Satelytics uses advanced spectral imagery of Earth’s surface from satellites, drones and planes in combination with machine learning to monitor environmental changes, including methane emissions.

The company will use the investment to continue to develop its technology and scale its applications throughout the oil and gas sector.…

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