ClimateAi Raises $22M in Series B Funding to Develop a Proprietary Climate Resilience Platform.
April 17, 2023
SAN FRANCISCO, CALIFORNIA - ClimateAi, a leading environmental services company, has announced today the successful completion of its Series B funding round, raising $22 million. The round was led by Four Rivers Group, Neotribe’s Ignite fund, Yaletown Partners, Radical Ventures, Neotribe Seed Fund, and Academy Investor Network.
The funding will be used to further develop ClimateAi's proprietary climate resilience platform, which uses artificial intelligence to help businesses identify and mitigate the impact of climate change. The platform provides short and long-term insights into weather and climate impact, enabling businesses to take proactive measures to adapt to the effects of climate change.
"Climate change is the most important problem of our generation, and we are thrilled to have the support of such a strong group of investors who share our vision for a more resilient future," said Himanshu Gupta, co-founder of ClimateAi. "With this funding, we will be able to continue developing our innovative platform and working with businesses to help them navigate the challenges of climate change."
ClimateAi's platform is the first of its kind, using AI to analyze climate data and provide businesses with insights on how to mitigate the impact of climate change. The company's team of passionate entrepreneurs, scientists, and engineers is dedicated to addressing one of the greatest challenges facing the world today.