LiveEO raises investment funding from Dieter von Holtzbrinck Ventures

LiveEO, a Berlin, germany software developer providing infrastructure monitoring via satellite images, announced securing funding from the Cologne-based venture capital company Dieter von Holtzbrinck Ventures

LiveEO, founded at the end of 2017 by Sven Przywarra and Daniel Seide, helps preventing damage to large-scale infrastructures from the offset and safeguarding companies from financial losses. The monitoring solutions can be for railway lines, pipelines, power lines, and other large-scale constructions.

The artificial intelligence of LiveEO analyses the images, recognizes risks, and assesses them. As a result of this data, the technology can make recommendations on which areas along high-voltage power lines vegetation should be pruned to avoid short circuits or forest fires, and provides interfaces to use the data directly and efficiently in work processes. One of LiveEO's customers is Deutsche Bahn.