Diligence memo · auto-generated · as of July 2, 2026
ATLAN Space
ATLAN Space looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
ATLAN Space operates in AI / ML, based in Africa. Morrocan startup ATLAN Space, which employs artificial intelligence (AI) to enable unmanned aerial vehicles (UAVs) to carry out tracking missions with complete autonomy, has raised a MAD10 million (US$1.1 million) Series A funding round.
Sub-sector tags: ai/ml.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
ATLAN Space has raised $1.1M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $1.1M on 2020-11-05.
Most recent recorded round closed around 2020-11-05.
Valuation (modeled)modeled
Provath models ATLAN Space at approximately $34M (range $1.5M–$171M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.17× the median modeled value of Series A AI / ML companies in 2019–2021 (48 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 5.7 yr ago; this sector typically re-raises about every 11 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 72% of AI / ML peers (2067 compared).
Modeled value ranks above 83% of those peers.
Closest niche peers: TARA Intelligence Inc., Castle Intelligence, Inc., CrowdAI, Inc., Socrates AI, Inc., Roger.ai, Inc..
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.