GeoDigital Maps Out Power Lines for Utilities, Highways for Self-Driving Cars

By Yuliya Chernova

GeoDigital International Inc. first saw demand for its three-dimensional mapping technology from utilities that use it to inspect their vast networks of power lines. Now the same technology, based on a combination of lasers and radar called Lidar, is being tested by a maker of self-driving cars to map out the U.S. highway system.

Increasing demand for the company’s services led several venture investors to power up GeoDigital with about $25 million in new funding. One of the company’s backers is General Motors Corp.’s GM Ventures, according to GM spokesman Dan Flores.

New investor EnerTech Capital, a venture capital firm with U.S. and Canadian operations, led the new equity investment, with Emerald Technology Ventures also participating alongside returning backers NGP Energy Technology Partners and North Sky Capital, according to GeoDigital.

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