Descartes Labs announced the completion of a $20 million Series B-2 bridge round of financing led by Union Grove Venture Partners (UGVP). The fresh capital brings the company's total fundraising to almost $60 million. The firm received additional funding by existing investors Crosslink Capital and March Capital Partners.

Descartes Labs uses satellite imagery to model complex systems on the planet, like forestry and agriculture. We process data flows from all the major satellite constellations at scale to provide instant access to analysis-ready images of the entire world in a massive, searchable, on-demand interface.