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Venture Capital News: Utilis Secures $6M

2021-03-24
SAN DIEGO, CA, Utilis, a pioneer of satellite-based infrastructure intelligence, has raised $6M from Beringea.
Utilis, a pioneer of satellite-based infrastructure intelligence, has raised $6M from Beringea.

Utilis was founded in 2013 by Lauren Guy, a scientist focused on atmospheric physics and dynamics studying the ability of space-based synthetic aperture radar (SAR) data to detect underground water on Mars. The patented algorithm developed through this research has underpinned the development of the Utilis solution, harnessing satellites to spot underground leaks in water supplies around the world.
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