Investors Rain Funding Down On Climate Prediction Startups

As climate issues flood nearly every sector, climate and weather analytics startups are offering companies and consumers predictions about everything from the chances for inclement weather for that upcoming vacation to the long-term flood or fire risks of building new properties.

These data models are often more advanced than the weather forecasting services built into your phone — they use artificial intelligence along with a host of data points from satellites and radars to make real-time determinations. Housing developers use such climate analytics to determine where to build new developments. Retailers use it to forecast supply chain issues in apparel fabrics. And supply chain companies use climate de-risking platforms to improve speed and efficiency in global trade.

Apocalyptic weather the world over — from California droughts that caused wildfires so severe they drenched the state in smoke and turned the skies above San Francisco red to devastating floods in Pakistan that killed 15,000 people and displaced millions more — has made it abundantly clear: weather affects everything.

That means weather and climate intelligence startups — once confined to the agriculture, supply chain and energy industries — have expanded into nearly every sector, offering everything from analytics and prediction to climate de-risking.

And as the effects of climate change intensify, the volume of data produced and managed by these startups continues to grow. So do the stakes.

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Posted on

May 8, 2023

As climate issues flood nearly every sector, climate and weather analytics startups are offering companies and consumers predictions about everything from the chances for inclement weather for that upcoming vacation to the long-term flood or fire risks of building new properties.

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