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Ellipsis Drive Spatial Data Platform Gains Millions With Successful Funding Efforts

February 22, 2021

Ellipsis Drive has announced their seed round funding of $2.3 million, with this funding round led by Pierre Festal, partner at Promus Ventures, with participation from Techstars, represented by Dr. Jonathan Fentzke. Promus Ventures has backed high profile companies in the geospatial sector including RocketLab, Mapbox, Spire, and ICEYE among others.

Ellipsis Drive seeks to transform the industry through:

  • Plug & Play activation of spatial data as an approachable online resource
  • Facilitating seamless collaboration between professionals and organizations
  • Doing away with archaic license-based business models

Ellipsis Drive is a simple to use data platform, where producers, users, and owners of spatial data can turn their files into a collaborative online project in less than ten minutes. The platform allows collaborators to share content and make project edits using the industry’s leading tools as well as any browser. This makes it easy to connect your content to anyone from technical specialists to casual users in record time.

“We are excited to back the team at Ellipsis. As geospatial datasets become more prevalent we see the need for a solution that enables the geospatial community to store, share and collaborate around these complex datasets and were impressed with the team’s vision and execution to date. We firmly believe Ellipsis Drive has the opportunity to become a standard piece of software infrastructure in the growing geospatial sector,” said Pierre Festal.

“To empower organizations working with spatial data requires seamless exchange and collaboration between different user types,” said Rosalie van der Maas, CEO at Ellipsis Drive. “This funding will help us introduce Ellipsis Drive as the solution that makes the now painful exchange of spatial content easy and profitable.”

“It’s like Google Drive but for spatial data, and much more interoperable,” added Minghai Jiang, Co-Founder and CIO. “We can be the missing piece of infrastructure in the transition towards a more collaborative spatial data landscape.’’

Filed Under: Earth Observation & Imaging, Funding & Venture Capital

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