About SPH Engineering
SPH Engineering is a company based in Riga (Latvia) founded in 2013 by Alexey Dobrovolskiy.. SPH Engineering offers products and services including UgCS, SkyHub, GeoHammer, and DroneGIS. SPH Engineering operates in a competitive market with competitors including DroneDeploy, Aloft, Unmanned, Measure and Botlink, among others.
- Headquarter Riga, Latvia
- Founders Alexey Dobrovolskiy
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Sectors
Aerospace, Defense & Maritime
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Phone
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Website
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Social
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- Legal Name Sph Engineering
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$390.09 K (USD), Grant
Feb 01, 2023
- Investors
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Employee Count
Employee Count
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Products & Services of SPH Engineering
SPH Engineering offers a comprehensive portfolio of products and services, including UgCS, SkyHub, GeoHammer, and DroneGIS. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for automated drone mission planning and control.
Hardware for integrating various sensors with drones.
Tool for geophysical data processing in drone surveys.
Platform for sharing survey data like orthomosaics and DEMs.
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Funding Insights of SPH Engineering
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $390,089
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First Round
First Round
(01 Feb 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2023 | Amount | Grant - SPH Engineering | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in SPH Engineering
SPH Engineering has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by SPH Engineering
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SPH Engineering
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sph Engineering Comparisons
Competitors of SPH Engineering
SPH Engineering operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DroneDeploy, Aloft, Unmanned, Measure and Botlink, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud software platform for commercial drones is provided.
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Drone fleet management solutions are provided for workflow oversight.
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Developer of software solutions for drones
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Offers end-to-end drone software platform
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Software applications and hardware components for drones are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sph Engineering
Frequently Asked Questions about SPH Engineering
When was SPH Engineering founded?
SPH Engineering was founded in 2013 and raised its 1st funding round 10 years after it was founded.
Where is SPH Engineering located?
SPH Engineering is headquartered in Riga, Latvia.
What does SPH Engineering do?
SPH Engineering was established in 2013 in Riga, Latvia, as a provider in the drone industry. UAV software solutions are developed and supplied, complemented by integration services, consulting, and custom development to support expanded drone applications. Operations are centered on software for unmanned aerial vehicles, with services tailored to client needs in various sectors, primarily from the European base.
Who are the top competitors of SPH Engineering?
SPH Engineering's top competitors include DroneDeploy, Aloft and Unmanned.
What products or services does SPH Engineering offer?
SPH Engineering offers UgCS, SkyHub, GeoHammer, and DroneGIS.
Who are SPH Engineering's investors?
SPH Engineering has 1 investor. Key investors include European Union.
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