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Lausanne, Switzerland, October 8, 2024 – Picterra, a leading provider of geospatial artificial intelligence (GeoAI) software, is pleased to announce that it has received funding from Innosuisse as part of the Swiss Accelerator program. This funding will support Picterra’s innovative project to enhance near-real-time global supply chain monitoring for the soft commodity sector.


This project aims to provide the soft commodity sector with near real-time monitoring capabilities of global supply chains for increased transparency and traceability. This project addresses the growing concerns around fragmented supply chains and increased regulatory pressures for environmental compliance (e.g., EUDR, CSRD, ESG initiatives). To solve this, Picterra is developing an advanced traceability solution built on its existing infrastructure and geospatial monitoring capabilities of physical assets.
As part of the Swiss Accelerator project, the new developments will improve the robustness of the machine learning architecture and enable automation of the full monitoring process – from the ingestion of imagery to the dashboard generation and alerting system. This will provide up-to-date insights and significantly reduce costs relating to supply chain audits for companies involved in placing, exporting, and transforming agricultural products.


Managed by Innosuisse – the Swiss Innovation Agency – the Swiss Accelerator program supports high-potential SMEs and start-ups in Switzerland. Due to Switzerland’s non-association with Horizon Europe, Innosuisse launched this transitional measure to provide direct financial support for innovation projects with significant potential. This year, 33 projects were selected from nearly 400 applications, with a total funding amounting to CHF 60.4 million.
Picterra’s project was among the selected initiatives, highlighting the company’s commitment to innovation and its crucial role in supporting the Swiss economy.
Founded in 2016 in Switzerland, Picterra’s mission is to unlock a greater understanding of the physical world from satellite, drone, and aerial imagery. Picterra brings innovative, impactful, and accessible GeoAI technology to every organization. Our enterprise software and customized solutions transform geospatial data into indispensable intelligence focusing on ease of use and maximizing value.
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