Capital Restructuring
Based in Sophia-Antipolis, France, LuxCarta specializes in processing satellite images to create 3D models. The company was created by the merger of GeoImage and ComputaMaps in 2013. Following the departure of one of LuxCarta’s four co-founders and associates, the directors sought two financial partners to restructure its capital and execute its international development strategy, particularly via external growth. CM-CIC Investissement and BNP Paribas Développement have invested €2.5 million in total.
With revenue of €10 million in 2015 and 115 employees, LuxCarta generates 90% of its sales internationally. The modelling and enrichment of 3D mapping data employs cutting-edge technology for end products used in telecom engineering, urban planning, real estate, the public sector, defence, the environment, aerospace, tourism and archaeology. The global commercial geodata market was estimated by EuroConsult at USD 1.5 billion in 2012. LuxCarta uses proprietary software to make its products and was the first to launch the use of automated algorithms for creating terrain and advanced surface models. These internal tools enable it to produce digital terrain, land use and building models.
