Gresham House’s Baronsmead and Renewable Energy VCTs have co-invested £5m into Rezatec to fund its continuing growth and international expansion.

This represents the first co-investment between the two VCTs at Gresham House, leveraging knowledge and capability across teams.

Rezatec applies its unique machine learning algorithms to a wide range of earth observation data, such as satellite imagery, soil, weather and topographic data, to generate data analytics products. These products help Rezatec customers in the forestry, agriculture and infrastructure sectors to substantially improve returns derived from their assets distributed across very large areas worldwide.

Rezatec’s technology offers a step-change in efficiency where asset owners are still using inefficient, manual, labour-intensive approaches to measure and monitor asset performance. Rezatec data analytics deliver high accuracy with scalable cost efficiency through automated processing of satellite generated inputs.  N+1 Singer acted as exclusive Financial Advisor to Rezatec Limited and its shareholders.

 

Thomas Makey, Investment Director at Gresham House Ventures, continued:

“Gresham House Ventures invests in growth businesses with bold ambitions. Rezatec is a world leader in geospatial data analytics, with expertise across multiple sectors, including forestry, agriculture, infrastructure and financial services. The business is perfectly positioned to expand its global footprint and market share. We look forward to continuing our partnership with the firm as it goes through this next stage of growth.”

 

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