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Meteomatics raised $22M in a Series C funding round led by Armira Growth to scale its operations and innovate its weather models.

Jan 29, 202511 months ago

Amount Raised

$22 Million

Round Type

series c

St. GallenInformation Technology

Investors

FortyoneAlantra Energy Transition FundKlimaArmira Growth

Description

Meteomatics announces the closure of its $22M Series C funding round, led by Armira Growth. The company will use the funding to expand its operations in the U.S. and enhance its weather models and autonomous weather drones to meet increasing demand.

Company Information

Company

Meteomatics

Location

St. Gallen, St. Gallen, Switzerland

About

Meteomatics is a weather intelligence and technology company that specializes in high-resolution weather forecasting. The company provides critical weather data that enables businesses to make informed decisions by accurately predicting the weather's impact on operations. Meteomatics' innovations include autonomous weather drones and industry-specific weather solutions, catering to sectors like energy, insurance, agriculture, and more. This positions the company as a leader in addressing the increasing impact of weather and climate change on business strategies.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech