GSI has recruited two senior industry figures to taken the company to a new stage in its development.
Gavin Tweedie, a serial entrepreneur with a background in turning around tech-start-ups, joins the company as CEO. He is joined by new chairman Lynne Ross, an equity investor with a specialism in environmental policy.
Lynne is finalising a new agricultural advisory board to ensure our strategy is strongly aligned with this market’s requirements
The Glasgow-based company recently completed its first round of equity funding for 2017. The round was led by Par Equity and supported by the Scottish Investment Bank, the investment arm of Scottish Enterprise. It involves a range of existing and new shareholders, including a specialist trade investor and some of the management team.
The funding will be used to build the company’s early commercial traction and sales pipeline to fulfil its vision of becoming the leading satellite data provider to the natural resources sector.