
Solafune
Provides satellite data analysis and software development services.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor | €0.0 | round | |
* | JPY200m | Seed | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Solafune Inc. operates at the intersection of satellite data analytics and competitive data science, aiming to interpret global events through geospatial information. Established in May 2020 by CEO Ren Uechi, the company was born from his academic background in applied mathematics at the University of California, Berkeley, and his professional experiences as a software engineer and venture capitalist. Uechi's interest in modeling real-world phenomena with mathematical equations led him to recognize satellite data as the most comprehensive source for understanding planetary-scale events.
The core of Solafune's business is a platform that hosts data science competitions centered on satellite and geospatial data. This crowdsourcing model allows the firm to tackle complex analytical challenges posed by corporate and governmental clients by opening up proprietary and public satellite datasets to a global community of engineers and data scientists. These competitions facilitate the development of sophisticated algorithms to address specific problems, such as damage assessment from natural disasters or monitoring economic activity. Solafune then refines the most effective, crowd-sourced algorithms and licenses them as proprietary software or APIs to its clients, which include major enterprises and government bodies. This approach serves a dual purpose: it accelerates the development of analytical technology at a reduced cost and builds a community-driven ecosystem for geospatial problem-solving.
The company's business model involves generating revenue through software and algorithm licensing, where clients are charged based on the volume of data they analyze using the developed APIs. Solafune has successfully secured clients in Asia, Africa, and the Middle East, and has formed partnerships with entities like Microsoft and Stability AI. In December 2022, the company announced it had raised 200 million JPY in a seed funding round from investors including ANRI,千葉道場ファンド (Chiba Dojo Fund), andリアルテックファンド (Real Tech Fund), to expand its technical and business development teams globally. The platform has attracted participation from over 120 countries and regions, with more than 25,000 algorithms developed as of April 2025.
Keywords: geospatial data, satellite data analysis, data science competition, algorithm development, API licensing, earth observation, crowdsourcing analytics, geospatial intelligence, remote sensing, environmental monitoring, disaster management, economic forecasting, software licensing, AI development, government solutions, corporate solutions, planetary modeling, Ren Uechi, Hack The Planet, resource management