Vrije Universiteit (VU) Amsterdam spinout Beyond Weather secures a €250,000 investment from venture capital LUMO Labs. Beyond Weather leverages extensive climate expertise and cutting-edge AI developments to provide accurate and reliable weather and impact forecasts, serving the energy and agricultural sectors across Europe.
Beyond Weather’s AI-driven models offer timely, interpretable, and actionable forecasts that enable the energy and agricultural sectors to anticipate high-risk weather events further in advance than ever before. This predictive capability allows businesses to effectively manage risks, reduce costs, and increase profitability by pre-emptively addressing potential impacts such as crop damage.
In addition, Beyond Weather will be providing actionable data to aid humanitarian efforts in the already heavily climate-hit Global South.
Importance of accurate forecasts
“Although we must all press on with our efforts to stop and reverse climate change, there is no denying that amid escalating climate change-induced weather events, today and in the foreseeable future, accurate forecasts are crucial,” says Andy Lurling, Founding Partner of LUMO Labs. “Our investment will accelerate the implementation of Beyond Weather’s pioneering AI solutions, strengthening global weather prediction and enhancing climate resilience.”
This investment follows earlier funding from TTT-AI, NWO and Rabobank for the development and successful validation of Beyond Weather’s technology.
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