ClimateAI Raises $12 Million in Series A

by Kay Aloha Villamor in August 30th, 2021

ClimateAi San Francisco-based, predictive weather analytics has raised $12 million in Series A. The round was led by AI-focused Radical Ventures with participation from Robert Downey Jnr’s new venture fund FootPrint Coalition. 

Other investors in the round included Finistere Ventures, Neotribe, AMECloud, and ThirdStream Partners, bringing ClimateAi’s total funding to date to $16 million.

ClimateAi aims to be deployed across half a billion acres of farmlands around the globe within the next three years and to expand its platform to support solutions across other industry supply chains with the funding.

Company: ClimateAI

Raised: $12.0M

Round: Series A

Funding Month: July 2021

Lead Investors: AI-focused Radical Ventures 

Additional Investors: Robert Downey Jnr’s new venture fund FootPrint Coalition, Finistere Ventures, Neotribe, AMECloud, and ThirdStream Partners

Company Website: https://www.climate.ai/ 

Software Category: Climate planning platform>AI

About the Company: ClimateAi helps companies better manage climate risk with actionable intelligence to design and protect global supply chains. Leveraging proprietary AI modeling, ClimateAi delivers unmatched weather and climate predictions and conversion into business impact with best-in-class accuracy, precision, and scale. Its first-of-its-kind enterprise climate planning platform quantifies climate impacts, providing business-specific insights, reducing risk, and creating new value opportunities for customers. Headquartered in San Francisco, ClimateAi is committed to working with industry leaders to standardize climate risk assessments across supply chains to help businesses adapt and bring climate resilience to our global economy.

Source: https://agfundernews.com/climateai-raises-12m-series-a-with-r-downey-jnrs-fund-others-to-help-supply-chain-adapt-to-weather-risk.html

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