London-based SenSat (www.sensat.co.uk) has raised £3.31 million in seed funding to further develop its technology.

The company is on track to achieve a year-on-year growth of 1,300%, and it turned a profit in its first quarter of trading.

The company is looking to invest in its San Francisco office, following strong commercial interest throughout 2018 so far.

Launched in 2017 by founders James Dean and Harry Atkinson, SenSat turns complex visual and spatial data into a real-time simulated reality that helps computers to solve real-world problems.

The cloud-based technology allows companies operating in physical domains, such as infrastructure construction, to make better decisions based on multiple variables at large scale.

SenSat calls this Visual Intelligence, a subset of Artificial Intelligence focused on teaching computers how to understand and interact with the real world.

Since its launch, SenSat’s simulated reality platform — Mapp — has supported over £3.5 billion of civil infrastructure projects for clients such as National Grid and Highways England.

The platform gives a deeper understanding of site workings in an easy-to-use accessible interface, helping companies to track key project variables such as safety and progress.

Mr Dean said: “We believe that the ability for computers to understand and interact with the real world is the next major phase in technology.

“It will enhance the human experience and change how we understand the real world, helping us to make better decisions.”