Jua, a Zurich-based artificial intelligence for climate startup, has launched a platform enabling the meteorological industry to produce customized high-resolution weather models and raised $2.5 million in pre-seed investment.
Promus Ventures led the round, with participation from Siraj Khaliq (Co-Founder of the Climate Corporation & former Partner at Atomico), Mehdi Ghissassi (Head of Product at Alphabet-acquired Deepmind), and Swiss-based Session.vc (founded by seasoned entrepreneurs and first check investors of companies like On Running, Bexio or Nutmeg).
Jua plans to provide startups, companies, government institutions, and researchers the ability to create purpose-built weather models in a matter of hours.
Andreas Brenner, Co-founder and CEO of Jua commented, "We are going to change perceptions of weather prediction forever. In terms of geospatial resolution, temporal resolution and update frequency, our first model already outperforms all existing numerical models by several orders of magnitude. We now enable everyone from small startups to large companies to get access to much better weather data
Jua's weather prediction model will provide a global one-kilometer square's worth of coverage every five minutes and can predict more than fifteen different weather-based parameters, including precipitation, air pressure, wind speed, and wind direction.
Jua's platform is currently being offered to a select number of customers on request and is set to be released to a broader audience in early 2023
In addition to the investment, Promus Ventures Partner Pierre Festal joined the Jua board.
Company: Jua.ai AG
Raised: $2.5M
Round: pre-Seed
Funding Month: October 2022
Lead Investors: Promus Ventures
Additional Investors: Siraj Khaliq, Mehdi Ghissassi, and Session.vc
Company Website: https://www.jua.ai/
Software Category: Weather Prediction
About the Company: Co-founded in 2022 in Zurich by Andreas Brenner and Marvin Gabler, Jua is artificial intelligence for climate startup that aims to advance humanity's understanding of weather and climate. Jua is harnessing data, metrics, and deep neural network learning to deliver accuracy in measurement and modeling for weather, climate, and the atmosphere. It has launched the world's first global high-resolution weather prediction model. The new platform contains one of the largest weather and geospatial data sets. It includes a training infrastructure that enables non-technical users to customize their models with proprietary data. Jua's weather model provides up to 25 times higher spatial resolution and ten times higher temporal resolution than conventional alternatives. Its mission is to advance humanity's understanding of weather and climate. Jua has hubs in Zurich, Berlin, and Cape Town.
Source: https://techfundingnews.com/jua-lands-2-5m-to-launch-worlds-first-ai-driven-weather-prediction-platform/