/Companies

Latitudo40

Techstars '21

Naples, IT · Founded 2017 · 37 employees on LinkedIn · 5 known investors

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Latitudo40 develops cloud-based geospatial intelligence platforms that analyze satellite data to support climate risk management and sustainable urban planning. The company serves cities and enterprises seeking to understand and manage climate resilience using accessible satellite imagery and geospatial analytics.

Also known as Latitudo 40 · Latitudo40 · LATITUDO40 S.r.l

Investors · 5

Also in the syndicate · 3

CRIF S.p.A.leadEIT Climate-KICOpen Venture S.p.A.lead

Company profile

researched Sep 2026

Latitudo 40 (LATITUDO40 S.r.l) is an Earth observation company founded in 2017 and headquartered in Naples, Italy, that applies proprietary artificial intelligence and machine learning algorithms to satellite imagery in order to produce information models and datasets for environmental and climate decision-making. Its platform automates the ingestion and processing of imagery from multiple constellations — including ESA and NASA missions and commercial operators such as Planet Labs and Airbus — so that users without remote sensing expertise can access derived analytics.

The company markets two main products: EarthDataInsights, a SaaS platform with dashboards for monitoring environmental change and assessing and mitigating climate risk, and EarthDataPlace, a marketplace of ready-to-use geospatial analyses and datasets designed for direct integration into customers' existing systems. Analytical outputs include land surface temperature, tree cover density, land use/land cover mapping and a spatial simulation tool that models "what-if" scenarios for the impact of mitigation measures before interventions are carried out. Stated application areas are climate resilience, urban planning, agritech and insurtech, with additional work reported on carbon sequestration algorithms for the voluntary carbon credit market and on compliance with the EU Deforestation Regulation (EUDR).

Earlier iterations of the offering included the Urbalytics urban data analytics product launched in 2020 and the EarthAlytics scalable processing infrastructure described in early company interviews, which allowed users to assemble geospatial applications from reusable machine-learning "detector" blocks connected to satellite data catalogues.

Founding story

Latitudo 40 was founded in 2017 in Naples by Gaetano Volpe, Mauro Manente, Vincenzo Vecchio and Donato Amitrano, bringing together business and technology professionals with a university researcher specialising in satellite remote sensing. The founders had worked together in the space and IT sectors and identified that extracting information from satellite imagery required dedicated organisations that only large companies could afford; their aim was to make Earth analytics accessible to smaller organisations. Initial funding came from the founders themselves, with about EUR 500,000 invested using cash flow from Penta Technology, a system integration and software development company owned by three of the founders.

Business model

Latitudo 40 sells software and data products rather than hardware: a subscription-style SaaS analytics platform (EarthDataInsights) aimed at public and private decision-makers, and a marketplace (EarthDataPlace) through which customers buy ready-to-use geospatial analyses and datasets for integration into their own systems. The company also acts as a Planet Value Added Reseller and Platform Application Partner, embedding third-party satellite imagery in its platform. Management has described the approach as primarily business-to-government, noting longer sales cycles but low churn and long customer lifecycles, alongside project and proof-of-concept work with cities and infrastructure operators.

Revenue comes from platform access and geospatial data/analytics products sold to public administrations, urban planners, infrastructure managers and enterprises, plus resale of partner satellite imagery. Reported turnover was around EUR 300,000 for 2021, roughly double the 2020 figure.

Traction

Company materials cite more than 30 expert team members, over 25 customers and more than 40 completed projects; the 2024 funding announcement referred to a team of around 20 people. Reported turnover for 2021 was approximately EUR 300,000, close to double the 2020 level. Named engagements include European cities such as Naples, Milan, Helsinki, Vilnius, Turin and Barcelona, the Urban EVOLUTION pilot in Naples, Catania and Perugia, projects for Dinapsis in Benidorm and for the organisation Doing Good, a 200,000 square kilometre city monitoring project in China, and a 2019 electricity grid monitoring contract.

Latest developments

In June 2025 Latitudo 40 announced a partnership with Planet Labs PBC under which it became a Planet Value Added Reseller and Platform Application Partner, embedding Planet's high-resolution imagery into the EarthDataPlace and EarthDataInsights platforms to improve land surface temperature resolution, tree cover density and land use/land cover products and its spatial simulation tool. The company has identified the EU Deforestation Regulation as a prospective mass market for Earth observation analytics and states it has a solution to simplify deforestation compliance checks for globally operating companies.

▸Full profile — market position, technology, go-to-market, geography, history

Market position

Latitudo 40 positions itself as a downstream Earth observation analytics provider serving municipalities, government agencies and enterprises across Europe, with customers also reported in North America. Its stated market is Earth observation analytics, valued in one investor announcement at USD 6.8 billion in 2024 and projected to reach USD 14.6 billion by 2034. Company leadership has characterised the European downstream EO market as fragmented with few large independent players.

The company emphasises accessibility: packaging complex remote sensing processing into automated workflows and dashboards usable by non-specialists, aggregating multiple satellite sources into a single operational platform, and offering both a decision-support SaaS layer and a marketplace for direct data integration. Native access to Planet's high-resolution, near-daily imagery is presented as increasing the spatial and temporal resolution of its climate risk products and its spatial simulation tool.

Technology

The company operates a cloud-based, fully automated processing platform that ingests imagery from multiple satellite constellations (ESA, NASA, Planet Labs, Airbus, Copernicus, Capella Space, Satellogic and others) via connectors to provider catalogues and applies machine learning and AI 'detectors' — reusable analysis blocks for tasks such as building classification, road recognition, tree cover density and land use/land cover mapping. Workflow orchestration automates multi-step analyses, and infrastructure scales on demand to fetch data, run processing and deliver results. Satellite data is combined with ground/IoT data to improve accuracy, and AI-powered simulation algorithms support predictive 'what-if' scenario testing. Datasets are being standardised in line with International Data Spaces Association standards.

Go-to-market

Growth has been driven through accelerators, institutional programmes and partnerships: incubation at ESA BIC Lazio in Rome (2017-2020), the Techstars Transformative World programme in 2021, incubation at I3P (the Politecnico di Torino incubator) from 2021, membership in the first batch of the CASSINI Business Accelerator run by EUSPA, Gold Partner status with FIWARE, membership of the Urban Technology Alliance, and a reseller and application partnership with Planet Labs. Pilots and reference projects with European cities serve as commercial references, and investor CRIF's presence in more than 40 countries was cited as a channel for international expansion.

Public administrations and municipalities, urban planners, government agencies, managers of critical infrastructure such as electricity and water distribution networks, insurance companies, agricultural operators and corporate ESG and sustainability departments.

Geography

Headquartered in Naples, Italy, with operational offices at Via E. Gianturco 31C and a registered office at Via Francesco Verrotti 4. Customers and projects span Italy, Europe and North America, including work with Naples, Catania, Perugia, Turin, Milan, Helsinki, Vilnius and Barcelona, a deployment with Dinapsis in Benidorm, Spain, collaboration with Statistics Canada, and a project monitoring 200,000 square kilometres of cities in China.

History

After founding in 2017, the company entered the European Space Agency's business incubation centre in Rome (ESA BIC Lazio), where it was incubated from 2017 to 2020 and refined its cloud platform business model. It won local challenges on infrastructure monitoring with e-GEOS and in 2019 signed its first significant contract with an electricity transmission operator to monitor a section of the national grid. The first version of the Urbalytics product launched in 2020, orienting the business towards urban climate risk management. In 2021 Latitudo 40 joined the Techstars Transformative World accelerator and was incubated at I3P. In 2022 it won Deloitte's Gravity Challenge, collaborated with Statistics Canada, became a FIWARE Gold Partner, joined the Urban Technology Alliance, and signed a Climate Safe agreement with EIT Climate-KIC. In 2023 it entered the first batch of the CASSINI Business Accelerator, contributed to service value chains for the ESA-managed IRIDE programme funded under Italy's PNRR, and launched the EarthDataPlace marketplace. In July 2024 it closed an investment round led by Open Venture and CRIF with EIT Climate-KIC participating, and in June 2025 announced a partnership with Planet Labs.

Compiled by commissioned research from 9 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Completed projectsJan 202640 projects
CustomersJan 202625 customers
Founder capital investedJan 2020$500K
HeadcountAug 202637
RevenueJan 2021$300K
Team membersJan 202630 people
Total funding reportedJul 2024$1.1M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Related companies · 4

Companies working in the same space as Latitudo40.

Timeline · 12

launches, deals, and filings
Jun 2025
Partnership with Planet Labs PBC; appointed Value Added Reseller and Platform Application Partner

Latitudo 40 joined Planet Labs' partner ecosystem, integrating Planet high-resolution satellite imagery into its EarthDataPlace and EarthDataInsights platforms and into its analytics workflows for climate risk modelling.

source ↗

Jul 2024
Post-seed round led by Open Venture and CRIF, with EIT Climate-KIC

Latitudo 40 closed a post-seed financing led by Open Venture S.p.A. and CRIF S.p.A., with participation from EIT Climate-KIC, to support internationalisation and accelerate development of new solutions. Press coverage reported the round at EUR 720,000.

$781.2K source ↗

Jan 2023
Joined first batch of CASSINI Business Accelerator and contributed to IRIDE service value chains

Latitudo 40 joined the first cohort of the CASSINI Business Accelerator run by EUSPA and worked on new service value chains for the IRIDE programme funded by the European Space Agency under Italy's PNRR.

source ↗

Jan 2023
Launch of EarthDataPlace marketplace

Latitudo 40 launched a marketplace for accessing datasets processed from satellite imagery, serving customers in Italy, Europe and North America, and began standardising according to International Data Spaces Association standards.

source ↗

Jan 2022
Won Deloitte's Gravity Challenge

source ↗

Jan 2022
Became FIWARE Gold Partner and joined the Urban Technology Alliance

The company obtained FIWARE Gold Partner status and joined the international Urban Technology Alliance association; EIT Climate-KIC signed a Climate Safe agreement to support its strategic growth.

source ↗

Jan 2021
First pre-seed investment from Techstars, Expert Dojo and CRIF

At the end of the Techstars Transformative World acceleration programme, Latitudo 40 received its first pre-seed investment from Techstars, Expert Dojo and CRIF S.p.A.

source ↗

Jan 2021
Incubated at I3P, Politecnico di Torino incubator

source ↗

Jan 2021
Joined Techstars Transformative World acceleration programme

Latitudo 40 participated as the only company from Southern Italy in the Techstars Transformative World programme; the CEO also referred to graduating from the Techstars Smart Mobility programme in Turin.

source ↗

Jan 2020
Launch of first version of Urbalytics

The company released the first market version of Urbalytics, shifting its business model towards climate risk management in cities and sustainable city design.

source ↗

Jan 2019
First major contract with electricity transmission operator

The company signed a business agreement with a leading electricity transmission operator, which used the platform to monitor the status of a section of its distribution network.

source ↗

Jan 2017
Admitted to ESA BIC Lazio incubation in Rome (2017-2020)

Latitudo 40 entered the European Space Agency Business Incubation Centre in Rome, working on downstream Earth observation applications.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 9

primary sources listed

9 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Latitudo40 do?
Italian Earth observation company turning satellite imagery into AI-based climate risk and urban planning analytics.
Who are Latitudo40's investors?
Latitudo40's investors include Techstars, Expert DOJO.
Where is Latitudo40 headquartered?
Latitudo40 is headquartered in Naples, IT.