LiveEO, a company focused on AI- and satellite-powered monitoring of critical infrastructure, announced it raised more than €28 million in its first closing to expand its civil infrastructure monitoring business and accelerate growth into defense and security applications.
New investors in the round included Helantic, b2ventures, and the European Innovation Council, while existing investors including Nordic Ninja, DTCF, Matterwave Ventures, MMC Ventures, Segenia Capital, and Greencode Ventures also participated.
Founded in 2018, LiveEO provides AI-powered geospatial monitoring solutions for infrastructure assets including power lines, railways, and pipelines. The company helps infrastructure operators reduce risks tied to outages, wildfires, vegetation overgrowth, and third-party interference through continuous satellite-based monitoring systems.
The company said demand for geospatial intelligence is increasing across infrastructure, climate risk management, and defense sectors as organizations shift from manual inspections toward continuous AI-enabled monitoring systems.
LiveEO was co-founded by Daniel Seidel and Sven Przywarra. The founders launched the company to apply satellite imagery and artificial intelligence toward large-scale infrastructure management and risk intelligence. Since launch, the company has expanded globally and now works with infrastructure operators across five continents.
The funding will support three strategic priorities for the company: expanding its commercial infrastructure monitoring business, growing its defense and security offerings, and continuing development of Twinspector, the company’s proprietary satellite constellation.
Earlier this year, LiveEO announced the launch of Twinspector, a European-built satellite constellation designed specifically for infrastructure monitoring. According to the company, the system will deliver stereo imagery with up to 35 cm resolution and provide independent access to Earth observation data.
The company said its existing AI and satellite technology stack used for civil infrastructure monitoring can also be applied to intelligence, surveillance, reconnaissance, infrastructure protection, and situational awareness applications for defense customers.
KEY QUOTES:
“Demand for geospatial intelligence is exploding, across infrastructure, climate risk, and defense. We are leading that wave: with a proven commercial business, our own data supply through our satellite constellation Twinspector, and now agentic AI capabilities that allow us to act on that data autonomously and at scale. The combination of all three puts us in a position to build something genuinely generational.”
Daniel Seidel, Co-Founder, LiveEO
“What makes this moment different is the convergence of two urgent needs: the civil infrastructure world requires smarter, continuous risk intelligence as climate pressure mounts, and the defense world is waking up to the fact that the same geospatial capabilities are essential for security and sovereignty. At LiveEO, we have spent years building a platform that sits exactly at that intersection. The synergies between what we do for a utility and what a defense customer needs are far greater than most people realize. This funding lets us lean into both, at the same time, with the same technology.”
Sven Przywarra, Co-Founder, LiveEO
“When we started LiveEO, we set out to prove that satellite data and AI could transform how the world’s most critical infrastructure is managed. That proof is now global, across five continents, with some of the world’s leading utilities, pipeline, and railway operators. What this round enables is acceleration: deeper into the civil markets where we have proven product-market fit, faster on the GTM and product development side, and now into defense, where demand for exactly what we’ve built is accelerating rapidly. The commercial opportunity ahead of us is larger than ever.”
Sven Przywarra, Co-Founder, LiveEO
