202424 Apr

Dutch-based Beyond Weather is harnessing AI for advanced weather predictions, raises €250K from LUMO Labs

Summary

“By identifying important physical processes and teleconnections in decades of climate data, we create targeted long-range forecasts with lead times of 2 weeks up to 6 months ahead,” says the company. This predictive capability allows businesses to manage risks effectively, lower costs, and boost profitability by addressing potential impacts like crop damage before they occur. Furthermore, Beyond Weather plans to offer actionable data to support humanitarian efforts in the heavily climate-affected regions of the Global South. This programme aims to help portfolio companies achieve financial success and social traction and impact. LUMO Labs’s investment areas include Artificial Intelligence/Data, Blockchain, Internet of Things, Robotics and Drones, and Virtual Reality/Augmented Reality.

Source: Siliconcanals

Funding

$272.95K
Amount
Apr 24 2024
Date
-
Investor
Beyond Weather
Company

Classifications

Companies