Gaist lands £2.7m investment

The images are said to be 900 times more detailed than those produced by Google Maps. Examples of their use include Gaist's work with the Department of Transport in developing a method of identifying, managing and repairing potholes.

This data, in addition to its machine learning research, smart algorithms and AI capabilities, puts Gaist in a great position within its industry, which is expected to boom as use of drones and autonomous vehicles continues to grow.

The company’s technology, known as HighwayView, and its expertise has also been drawing attention from countries that want to better maintain, understand and improve their own highway systems, including in the Middle East and Asia.

“While we continue to focus on working with Highways Departments, we are increasingly working with private sector organisations and utility companies who have never before been able to access the deep learning analysis that we are able to provide.

BGF investor Pinesh Mehta said: “Improving our roads has been a burning issue in recent months, but there is also a growing and longer-term requirement – from both the public and private sectors – for access to accurate and detailed data to better understand the behaviour and utilisation of our road networks. “Gaist is at the forefront of this mapping technology, services and expertise, and has created a scalable business with a reputation for innovation and delivery."