Preligens secured €20 million in a funding round backed by Ace Management and Definvest

Preligens, a Paris, France-based SAAS developer of analytics based on geospatial information, announced the completion of a €20 million ($23.7M) funding round.

The money was raised from investors including The Ace Management funds, managed by Tikehau, Definvest, managed by the French Ministry of the Armed Forces, and 360 Capital. The management and local angel investor from France Octave Klaba also contributed in the round.

Preligens, founded in 2016 as Earthcube by CEO Arnaud Guerin and Renaud Allioux, provides fully integrated monitoring services based on infrared imaging and nanosatellite technology. The company of 80 people, based in Paris and established in Washington and London.

Preligens previously raised about €8M.