Rezatec

Overview
News
Conservation Tech?
Alternative Data?
Product stageSegments
Early
?
Forest and Wildlife Monitoring
?

Rezatec is a UK-based geospatial AI company that offers a forest spatial analysis technology (SAT) AI solution, which harnesses satellites, other data feeds, and AI to remotely monitor ground-based assets and critical infrastructure.


Rezatec offers geospatial analytics solutions using optical and radar satellite data, ground sensors, and AI for industries like forestry, agriculture, and more. Its geospatial platform claims benefits: 41% more data coverage, 90% greater accuracy, 40% improved cost efficiency, and complete species mapping compared to traditional methods.


The company’s forest management services use this solution to provide clients with forest inventory , carbon stock analysis , and mill optimization . Rezatec’s geospatial AI is able to scan entire forests at an individual tree level and offer continuous data on height, count, volume and species distribution for forest inventory. It is also able to track changes in biomass and carbon stock to assess and plan for deforestation and regeneration activities. Further, the company’s mill optimization solution analyzes the ideal species mix, log, and optimum supply area to reduce haulage costs and excess inventory.


Rezatec also offers forest monitoring services that tracks forest health , disturbance , post-fire risks , and brushing . The company remotely monitors the health of forests and identifies pest and disease outbreaks, the extent of its spread, and models the risk of further spread. Similarly, it tracks storm damage and evaluates post-fire risks to identify the severity, the likelihood of fires resurfacing and to identify salvageable timber. Rezatec’s forest-brushing product remotely analyzes young tree growth within forests to optimize when and where to carry out silviculture activities.


Key customers and partnerships

• In February 2020, Rezatec partnered with Black & Veatch to collaboratively develop decision support tools that enable owners and operators of infrastructure assets to make critical decisions using geospatial analytics.

• The company partnered with New Forests in 2019 to carry out forest inventory to support its US carbon offset projects.

• Rezatec also brought on Forsite, a forest management company, as its local partner in Canada in 2018.

The company has provided its forestry services to customers such as the UK Department for Environment, Food & Rural Affairs , the BC Oil and Gas Research and Innovation Society , and Tolko .


HQ location:
140 Eastern Avenue Bee House, Milton Park Abingdon GBR
Founded year:
2012
Employees:
51-100
IPO status:
Private
Total funding:
USD 14.8 mn
Last Funding:
USD 4.2 mn (Debt Financing; Aug 2021)
Last valuation:
-
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