Announces Strategic Investment in Upstream Tech
Summary
The highly accomplished Upstream Tech team has an extensive successful track record in software engineering and environmental analysis. HydroForecast is critically acclaimed, the most accurate river flow forecast available, and has resulted in smarter utilization of the worlds most precious natural resource, freshwater. Lens is a remote monitoring platform that has expansive access to satellite and aerial imagery, supporting the monitoring, protection and restoration of millions of acres of land around the world.We started the company looking to bring our teams unique mix of software engineering, machine learning, and environmental knowledge to bear on critical natural resource management issues, said Upstream Tech Co-Founder and Chief Executive Officer, Marshall Moutenot. We believe that, in the face of climate change, water and other forms of geoscientific forecasting will become increasingly important and necessary, said Sarah Wright, Founder and Managing Partner of HSE. Headquartered in Bethesda, Maryland, the team leverages its decades of experience and unique knowledge of North American electricity infrastructure, fundamentals, and grid operations, including fuel inputs, commodity contract structuring, renewable and fossil powered generation assets, energy storage, transmission and distribution systems, and electricity demand-side businesses to build value for stakeholders.