Stellaria Raises $6.8 Million at a Valuation of $114 Million

• The UAE-based startup Stellaria, specializing in artificial intelligence and geospatial intelligence, formerly known as Farmin, has raised 25 million dirhams ($6.8 million) in a Seed round backed by a group of angel investors, at a valuation of 420 million dirhams ($114.4 million).
• Founded by Ali Al Hammadi, Stellaria is developing an AI-powered operating system for geospatial intelligence that transforms satellite images and geospatial data into actionable and analyzable information.
• The company’s technologies include AI analysis of satellite images, image enhancement, automatic target recognition, navigation and port analytics, measuring water depths using satellite data, and environmental monitoring, through its platform Stella.
• The funding will be used to develop AI and geospatial intelligence technologies, expand its technical team, and accelerate the deployment of its solutions in the UAE and international markets.
• Stellaria graduated from the Mohammed Bin Rashid Innovation Fund's innovation accelerator program.

Stellaria, a UAE company specializing in artificial intelligence and geospatial intelligence, announced the closure of a seed funding round worth 25 million dirhams, supported by a group of individual investors. The company’s valuation after the round reached 420 million dirhams, and the funding will support the next phase of its growth, including the development and expansion of its AI-powered geospatial operating system, enhancing its technical capabilities and team, and accelerating the deployment of its solutions in the UAE and global markets.

Stellaria is working on developing a comprehensive AI-powered geospatial operating system designed to transform satellite images and other geospatial data into actionable information within a unified platform. The technology combines geospatial data with advanced AI models and analytical workflows, enabling users to monitor, analyze, and understand real-world variables on a large scale. The company’s capabilities include AI analysis of satellite images, ultra-high precision techniques, automatic target recognition, maritime and port intelligence solutions, measuring water depths based on satellite data, and environmental monitoring, alongside its proprietary platform Stella.

On this occasion, Dr. Ali Al Hammadi, founder and CEO of Stellaria, stated: "This funding represents an important milestone in Stellaria's journey and reflects our investors' confidence in our technologies and the team behind them. We have evolved from a UAE startup to a company building a comprehensive AI-powered geospatial operating system that integrates satellite data, AI, and advanced analytics within a unified platform. The next phase will allow us to increase our investments in developing our technologies, expanding our team, and creating scalable products that can compete in global markets. We aspire to develop advanced technologies in the fields of space and artificial intelligence from the UAE to the world, contributing to establishing the country as a global hub for advanced innovation and enhancing its growing position in these vital fields."

The growth of Stellaria, formerly known as Farmin, reflects the broader development of the innovation ecosystem in the UAE and the role that ongoing support within this ecosystem can play in helping high-potential companies develop their capabilities and expand their operations. Stellaria participated in the Mohammed Bin Rashid Innovation Fund's innovation accelerator program, where it benefited from tailored mentorship, strategic guidance, and opportunities to connect with stakeholders within the innovation ecosystem that supports innovative companies in their development and expansion stages. Since then, the company has continued to expand its capabilities in the fields of space, artificial intelligence, and geospatial intelligence, with applications spanning government, defense, maritime, ports, infrastructure, and environmental monitoring sectors.

The recent funding round will support Stellaria's growth journey, focusing on enhancing its developed technologies in the UAE in the fields of artificial intelligence and geospatial intelligence, attracting specialized talents, and expanding the deployment of its technologies to new markets.

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