A weather-dependent industries leader, Meteomatics has raised the successful close of a Series C funding round with $22 million. It symbolizes an importance for companies: growing accurate and reliable weather forecasts for reduced risks and efficient operational decisions.

About the Company

Meteomatics is a company that was founded in 2012 and is headquartered in St. Gallen, Switzerland. The company has emerged as a leading provider of high-resolution weather data to more than 600 companies around the world. Some of its clients include industry giants such as Tesla, CVS Health, Swiss Re, McCain, NASA, Honda, Airbus, Stellantis, and UK Power Networks. These companies depend on Meteomatics’ precise weather forecasts for important business decisions.

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Funding Round Details

The Series C round, which was published on January 29, 2025, was led by Armira Growth and saw heavy involvement from Alantra’s energy transition fund, Klima. This influx of capital is set to accelerate the expansion into its plans and technological advancements of Meteomatics.

Strategic Goals under the New Funding

The newly obtained capital will be utilised for several key initiatives:

• U.S. Market Expansion: Meteomatics plans to scale its operations to meet the growing demand for precise weather data in the United States. This expansion aims to provide U.S. businesses with real-time, hyper-local weather insights to enhance operational efficiency and risk management.
• Advancement of Weather Solutions: A part of the funding will go into the innovation of Meteomatics’ weather models and solutions, including the development of “Meteodrones,” which are weather drones in autonomous self-formations.
  These drones can collect high-resolution atmospheric data, improving forecasts.
• Development of Industry-Specific Solutions: Meteomatics aims to expand its portfolio of industry-specific weather solutions, customizing offerings to address the unique requirements of industries like energy, insurance, agriculture, aviation, and automotive.

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Increasing Significance of Precise Weather Forecasting

In 2024, there were 24 weather and climate disasters that each caused more than a billion dollars in damages. Extreme weather events have become more frequent and severe. Their impact on daily life and business operations is increasing with time. Long-term incremental changes in climate are also affecting business strategies in several industries. As reported by the World Economic Forum, businesses that fail to adapt to weather and climate risks may lose up to 7% of earnings annually by 2035.

Leadership Perspectives

According to Martin Fengler, CEO of Meteomatics, “weather-related business risks are no longer something companies need to simply consider; a company’s ability to accurately predict and prepare for weather threats can make or break their business. 

This is where Meteomatics comes in.” He further said, “we have spent more than 10 years bringing technology to market that offers the highest precision weather forecasting that businesses can get and sets new global standards for weather data.”.

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Industry Impact and Applications

Meteomatics’ high-resolution weather data solutions have significant impacts on various industries:

• Energy: High-resolution weather forecasts to optimize renewable energy production, manage grid operations, and enhance energy trading strategies.
• Agriculture: High-resolution weather information to support farmers in decision-making on planting, irrigation, and harvesting, leading to improved crop yields and resource use efficiency.
• Transportation: Providing real-time weather data to improve planning, safety measures, and minimize delays for aviation and logistics companies.
• Insurance: Issuing precise weather analytics to calculate risk exposure, manage claims, and proactively develop a policy for weather events.