SATIM
SATIM is a technology company.
Financial History
SATIM has raised $3.1M across 3 funding rounds.
Frequently Asked Questions
How much funding has SATIM raised?
SATIM has raised $3.1M in total across 3 funding rounds.
SATIM is a technology company.
SATIM has raised $3.1M across 3 funding rounds.
SATIM has raised $3.1M in total across 3 funding rounds.
SATIM is a Poland-based technology company founded in 2012 that develops AI-driven Automatic Target Recognition (ATR) solutions for detecting and classifying ships, aircraft, and vehicles using Synthetic Aperture Radar (SAR) satellite imagery.[1][2][4] Its flagship product, OREC, provides data-agnostic, near-real-time analytics that serve military, government, defense, and commercial sectors, addressing challenges in maritime surveillance, urban monitoring, disaster management, and more by enabling precise object detection anywhere, anytime.[1][2][4] SATIM solves the problem of interpreting complex SAR imagery—unaffected by weather or darkness—through highly accurate AI models enhanced by a proprietary SAR data simulator for rapid adaptability, positioning it as a key player in space-based intelligence with recent funding from Balnord to accelerate growth.[4][5]
SATIM originated from academic roots in Cracow, Poland, evolving into a commercial leader in AI for SAR imagery, with Jacek Strzelczyk as CEO and co-founder.[1][2][5] The company's idea emerged from expertise in data science, remote sensing, maritime awareness, and defense intelligence, transitioning from research to practical ATR solutions like OREC for strategic monitoring of oceans, coasts, ports, and land.[2][4] Early traction built through partnerships with top SAR sensor providers and a focus on dual-use applications, culminating in a recent internal funding round led by Balnord—its first from the new fund—validating its progress amid geopolitical demand for resilient tech.[4][5]
SATIM rides the surge in SAR satellite constellations and AI analytics, fueled by demand for all-weather, persistent monitoring amid geopolitical tensions and dual-use tech needs.[2][5] Timing aligns with proliferated SAR data from providers like ICEYE, where SATIM's ATR unlocks value by automating analysis for defense autonomy, regional security, and civilian apps like environmental tracking.[1][2][5] Market forces—rising space economy, AI advancements, and VC support for deep tech—favor its expansion, influencing the ecosystem by setting standards in SAR intelligence and enabling faster decision-making in dynamic environments.[2][4][5]
SATIM is poised to dominate AI-SAR analytics through OREC enhancements, deeper ICEYE integration, and Balnord-fueled R&D for broader object catalogs and verticals.[2][4][5] Trends like geopolitical shifts, denser satellite networks, and dual-use demand will propel growth, potentially expanding to new sensors or autonomous systems. Its influence may evolve from niche provider to ecosystem enabler, reinforcing SATIM's origins as a high-precision force in safer, SAR-powered global monitoring.[1][2][5]
SATIM has raised $3.1M in total across 3 funding rounds.
SATIM's investors include Berkeley Angel Network, Blank Ventures, Jenny Fielding, Scott Hartley, Everywhere Ventures (The Fund), New Stack Ventures, NextGen Venture Partners, Antoine Nivard, Nitay Joffe, Ron Pragides, Techstars.
SATIM has raised $3.1M across 3 funding rounds. Most recently, it raised $2.0M Seed in August 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 1, 2023 | $2.0M Seed | Berkeley Angel Network, Blank Ventures, Jenny Fielding, Scott Hartley, Everywhere Ventures (The Fund), New Stack Ventures, NextGen Venture Partners, Antoine Nivard, Nitay Joffe, Ron Pragides | |
| Apr 1, 2022 | $1.0M Seed | Jenny Fielding, Scott Hartley, Everywhere Ventures (The Fund), New Stack Ventures | |
| Jun 1, 2020 | $120K Seed | Techstars |