BirdsEyeView secures seven-figure funding to power machine-learning wildfire model with satellite data
This article covers BirdsEyeView, a spacetech startup, which has raised an undisclosed seven-figure sum in a growth funding round led by 24 Haymarket to accelerate international expansion and develop a machine learning-driven wildfire model. The funding is aimed at scaling its satellite-based, AI-driven risk-modelling platform for insurers, reinsurers, managing general agents and brokers, and supporting expansion into the US and Australian markets.
BirdsEyeView has raised an undisclosed seven-figure sum in a growth funding round led by 24 Haymarket to accelerate international expansion and develop a machine learning-driven wildfire model. The investment — from a fund backed by the European Space Agency and participation from existing backers — arrives as the company reports rapid revenue growth and new entry into the US and Australian markets, signalling closer attention to satellite-driven risk modelling in insurance.
Why it matters
Wildfire risk is changing quickly as climate change alters patterns of extreme fire activity, pushing risk into regions that older models do not capture. Insurers, managing concentrated exposures across portfolios, need more up-to-date, live-data approaches to price and underwrite property and contingency risks. BirdsEyeView’s proposition — combining high-resolution satellite imagery with automated analytics — speaks directly to that gap. The deal also highlights continuing investor interest in businesses that sit at the intersection of space data and climate risk modelling.
Inside the product
BirdsEyeView offers multi-peril natural catastrophe modelling and exposure management software aimed at reinsurers, insurers, managing general agents and brokers. Its platform ingests satellite data and applies AI to produce near real-time risk assessments and live portfolio exposure views at the underwriter’s desktop. The company says the new capital will be used to accelerate its machine learning-driven wildfire model, grow its team of scientists and climate specialists, and scale commercial operations in North America and Australia.
Who are the investors?
Who are the investors?
The round was led by 24 Haymarket, a venture and growth equity fund, with additional participation from all of BirdsEyeView’s existing investors. The fund’s involvement follows initial investment last August and coincides with the startup’s 200% growth in turnover and market entries in the US and Australia.
In the announcement, Jamie Dunnett, Investment Director at 24 Haymarket, said:
We are delighted to partner with James and the BirdsEyeView team to support the company’s ambitious growth plans. We’ve been really impressed with how James has gone about building the business and are excited to see where this investment can take them – in terms of reenforcing the company’s position in the Contingency market and replicating that success in other lines of business, like Property. The Company has made excellent progress since our investment completed last August, and we are well positioned for a big 2026.
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Founder perspective
In the announcement, James Rendell, CEO and founder at BirdsEyeView, said:
Throughout 2025, we established ourselves as a trusted natural catastrophe and hazard modelling partner across Lloyd’s and the Australian and Canadian Coverholder market. This investment allows us to build on that momentum.
Advances in AI are transforming hazard modelling, particularly by automating time-consuming data preparation processes that underpin model accuracy. This enables teams to focus on higher-value scientific analysis, while ensuring models evolve in line with new data, emerging risks, and a rapidly changing climate.
Rendell frames the raise as both a product-cycle and commercial step: refining model accuracy with machine learning while using live satellite feeds to ensure outputs reflect rapidly shifting hazard landscapes.
The bigger picture
BirdsEyeView sits at the crossroads of spacetech and climate risk analytics, a space that has attracted renewed attention from insurers and investors since large losses from catastrophic events have strained traditional risk models. The company’s traction with Lloyd’s markets and coverholders in Australia and Canada suggests appetite for tools that integrate remote sensing into underwriting workflows. For the insurance industry, more frequent model updates and richer imagery could materially affect portfolio management and capital allocation decisions.
This funding also reflects a broader trend in the UK and Europe where investors are backing businesses that commercialise space-derived data for climate resilience and risk management. As wildfire seasons lengthen and weather-related losses rise, demand for live, science-led modelling is likely to grow across property and contingency lines — and startups that can operationalise satellite intelligence will be under close scrutiny from both underwriters and policyholders.
The deal underscores how UK-founded spacetech companies are positioning themselves for international expansion while addressing pressing climate-related risks that cross borders.
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