LiveEO wants operators of power grids, pipelines and railways to inspect their networks from satellite images instead of inspection flights. The company, founded in Berlin in 2018, analyses satellite images with machine learning to find vegetation growing into power lines, storm damage and ground changes along such networks, and sells the results to their operators.
The European Innovation Council granted €1,735,300 towards EOinTime, a €2.49 million project that ran from October 2022 to March 2024. According to the CORDIS report, all planned deliverables were "completed on schedule and budget", with pilots on oil and gas pipelines, electricity grids and railways. LiveEO then raised a €25 million Series B in June 2024 and, after a second EIC award for equity, more than €28 million in May 2026 with the EIC among the new investors.
Company file
- Legal entity
- LiveEO GmbH, Berlin
- Founded
- 2018
- Co-founders
- Daniel Seidel, Sven Przywarra
- Products
- Treeline (vegetation management), SurfaceScout (pipelines), TradeAware (deforestation compliance)
- Named customers
- Deutsche Bahn, E.ON, Iberdrola, Network Rail
- Investors
- NordicNinja, DTCF, HELANTIC, b2venture, EIC, MMC, Matterwave, Segenia, Greencode and others
- EIC awards
- EOinTime grant (2022); EOinTime equity (2024)
Where LiveEO Stands Today
The May 2026 round is meant to fund Twinspector, a planned constellation to capture 3D imagery at 35 cm resolution, with launch targeted "for 2028 or earlier", according to Payload. Co-founder Sven Przywarra said: "The commercial opportunity ahead of us is larger than ever." In 2026 the company also won a German Space Agency grant for an Earth-observation foundation model and launched new products: Treeline Essential for vegetation management and TradeAware Professional for compliance with the EU deforestation regulation, according to its press page.
The Technology: Change Detection From Orbit
The CORDIS report describes processing pipelines that ingest satellite data, a "modular Imagery Catalogue and API" built on the geospatial standards COGS and STAC, annotated datasets for "multi-class bi-temporal change detection", and models that detect storm damage, vegetation vitality and deforestation. It also redesigned customer tools for "long-running inspection campaigns over critical infrastructure assets" and argues that replacing inspection flights cuts CO2 emissions.
"Our mission at LiveEO is to harness the power of satellite data to protect our planet and make industries more sustainable."
Daniel Seidel, co-founder, LiveEO, June 2024What the EIC Project Promised, and What CORDIS Shows
EOinTime promised "satellite-based change detection and predictive monitoring of infrastructure grids". The report says the work was delivered on time and on budget and tested with customers in three sectors. Its next steps were commercial support, intellectual property and market access. LiveEO publishes no revenue.
- Change detection modelsDeliveredStorm, vegetation, deforestation.
- Pilots in three sectorsDeliveredPipelines, power, rail.
- On time and on budgetDeliveredPer CORDIS report.
- Follow-on investmentDelivered€25M and €28M+ rounds.
What Has Happened Since the Award
The June 2024 Series B was led by NordicNinja and the DeepTech & Climate Fonds, brought total funding to €51.6 million and came with a claim that the company had "tripled its growth in 2023". The May 2026 round added HELANTIC, b2venture and the EIC as new investors alongside existing ones.
The Money
LiveEO has not published revenue or profit figures. The EIC's contribution has been a €1.74 million grant and an undisclosed equity stake in the 2026 round.
What cannot be checked
LiveEO's revenue, how many kilometres of infrastructure it monitors, how much the EIC invested in 2026, and what the planned constellation will cost are not public.
Why Europe Should Care
LiveEO is building European capability in satellite analytics for critical infrastructure and now its own satellites. The EIC supported it first with a grant and then with equity, and private investors have put in far more.
What the project promised
Satellite change detection and predictive monitoring of infrastructure grids.
What the record shows
A project delivered on schedule, named utility and rail customers, €53M of new funding and a planned constellation.
The Verdict
A grant that led to growth
EOinTime did what it promised and LiveEO grew afterwards, raising large rounds and adding products. Its revenue is not public; its funding, staff and named customers point to a company that has grown since the grant.
LiveEO has not been asked for comment for this article. It is based entirely on company statements, trade press and EU project data, linked throughout.
