Moroccan startup, Atlan Space announced that it has raised $1.1 million in Series A round led by Maroc Numeric Fund II, with participation from Hilmi Law Firm and Cadex Group.
The company intends to use the funds to scale its operations.
Founded in 2016 by Younes Moumen and Badr Idrissi, Atlan Space enables unmanned aerial vehicles (UAVs) to carry out tracking missions with complete autonomy. Through its technology, the platform helps governments and institutions fight environmental crime and assist vulnerable populations.
“ATLAN Space is developing artificial intelligence to enable UAVs to carry out tracking missions in total autonomy and without human intervention. This is for humanitarian purposes or to fight environmental crimes such as illegal fishing or deforestation,” said Badr Idrissi, CEO of ATLAN Space.
“This is for humanitarian purposes or to fight environmental crimes such as illegal fishing or deforestation.” continues Badr Idrissi
“The fund management team is proud to support ATLAN Space, a Moroccan startup that is the result of many years of R&D in artificial intelligence, and which has a proven technology with several clients internationally and in Morocco, with a high environmental and humanitarian impact,” said Dounia Boumehdi, managing director at MITC Capital, the management company of Maroc Numeric Fund II.
