Kiwi AI mapping startup Hyades raises $910,000
Hyades has secured $910,000 in funding to develop an AI platform that transforms complex spatial data into actionable business insights.
Auckland startup Hyades, which helps companies build AI models from map-based data, such as satellite images, drone footage and radar, has banked a NZ$1.1 million (AU$910,000) pre-seed round.
The raise was led by Icehouse Ventures, supported by K1W1 and angel investors Tony Falkenstein and Tim Brown.
On top of the VC investment, Hyades has also scored a NZ$400,000 (AU$332,300) New to R&D grant from the government.
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