AirWorks Announces Strategic Growth Investment Led by PSG

25 October 2023
Lidar News

AI Generated Summary

AirWorks, a leading AI-powered mapping solution providing geospatial data processing and analytics, announced a strategic growth investment led by PSG, a leading growth equity firm.

PSG’s Adam Marcus, Managing Director, will join the Board of Directors.

The company plans to use the investment proceeds to fuel all elements of AirWorks’ business, including continued product enhancements and innovation, expanded go-to-market infrastructure, accelerated market penetration in key vertical, and continued growth of AirWorks’ partner ecosystem.