Satelligence

Overview
Activities
News
Conservation Tech?
Product stageSegments
Growth
?
Forest and Wildlife Monitoring
?

Satelligence is a Netherlands-based company that provides deforestation monitoring, supply chain monitoring, carbon monitoring, biodiversity monitoring, grievance monitoring, and progress tracking. The company has seven global offices in the Netherlands, Washington DC, Bolivia, Indonesia, Ivory Coast, Austria, and Uruguay.

The company monitors all commodities included in the EU legislation for deforestation-free products, such as soy, beef, palm oil, wood, cocoa, and coffee and their derived products, such as leather, chocolate, and furniture. The company combines satellite and ownership data with AI, including machine learning and deep learning, using ESA and NASA satellite data from 1984 to today, and an extensive database of geolocated properties, employing statistical methods like Bayesian Iterative Updating for land monitoring while also incorporating human insights for algorithm validation and context enrichment. The company's algorithms, locally tuned and tested, achieve a minimum of 90% accuracy, with 98% accuracy for prioritized alerts in Indonesia and Malaysia, using open-source 10 m resolution satellite data like Sentinel-1, Sentinel-2, and Landsat.

The company offers a web app that provides real-time deforestation risk assessment, stakeholder engagement improvement, progress tracking, and monthly or quarterly PDF reports via subscription, with data export for internal system integration. It provides users with a one-month free trial of its services. As of August 2023, Satelligence had gained the trust of 60+ businesses worldwide and managed over 40,000 palm oil concessions and farms globally, with Indonesia alone accounting for nearly 22 million hectares of palm oil license areas. Furthermore, the company oversees more than 750,000 cocoa farm locations and seven million soy parcels.

In 2020, Ernst & Young certified the deforestation KPIs for a region in Riau, Indonesia, making the company the first remote sensing company to have its deforestation monitoring services verified by a Big Four accounting firm.

Key customers and partnerships

• Satelligence, along with Rabobank and Microsoft, was working on Acorn, reportedly the first project to utilize satellite technology for enabling smallholder participation in the carbon market.

• In December 2020, Ulula, a digital platform for stakeholder feedback monitoring, partnered with Satelligence to integrate Ulula's anonymous digital feedback tool with Satelligence's technology.

• In February 2021, Satelligence partnered with Golden Agri-Resources (GAR) after a three-month trial to deliver near real-time deforestation risk monitoring of GAR’s full palm oil concessions and supply chain, covering all of Indonesia.

• In March 2021, the company partnered with AAK and Earthqualizer to monitor its global supply base for palm oil with great accuracy and in real-time.

• In April 2021, through an EU-funded partnership, Vizzuality, Satelligence, and the Stockholm Environment Institute initiated the development of digital tools and customized systems to assist companies in future-proofing their supply chains.

• In November 2023, the company partnered with Fairtrade International, an environmental organization that sets standards for fair trade, to extend satellite monitoring of forest areas and farms to all certified cocoa and coffee producer organizations worldwide.

The company’s notable customers include Blommer Chocolate Company, Oleon, Neste, Green Growth Suriname, BMW Group, Solidaridad, and Carble Seek.


HQ location:
Utrecht NLD
Founded year:
2016
Employees:
11-50
IPO status:
Private
Total funding:
USD 2.3 mn
Last Funding:
USD 2.3 mn (Seed; Nov 2020)
Last valuation:
-
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