SFC Capital and the European Space Agency have both thrown their support behind BirdsEyeView in a seed funding round. Using AI alongside satellite data, the insurtech structures insurance solutions for severe weather – incredibly pertinent given the Summer of extremes that Europe has suffered recently. CEO James Rendell says that their “RAPTOR” technology will be used to help insurers and policy holders get more accurate services while Ed Stevenson at SFC Capital hopes that companies like BirdsEyeView can be a catalyst for further innovation within the industry.
Source: UKBAA