What is Climateai?
Founded in 2017 and headquartered in San Francisco, California, Climateai leverages machine learning to provide climate intelligence for agriculture. The company's core objective is to make farming more profitable and food systems more robust by applying cutting-edge technology to address the challenges posed by climate change. Their team comprises dedicated scientists, engineers, and agricultural entrepreneurs committed to tackling one of the generation's most significant problems.
How much funding has Climateai raised?
Climateai has raised a total of $34M across 2 funding rounds:
Series A
$12M
Series B
$22M
Series A (2021): $12M with participation from Radical Ventures Investments and FootPrint Coalition
Series B (2023): $22M led by Yaletown Partners, Academy Investor Network, and Radical Ventures
Key Investors in Climateai
Yaletown Partners
Yaletown Partners focuses on transforming industries through technology investments that foster sustainable and impactful change. They specialize in driving transformative growth in innovative technology companies, particularly at the emerging growth stage.
Radical Ventures
Radical Ventures is a venture capital firm investing in bold entrepreneurs developing and applying artificial intelligence and other deep technologies to invent the future. Based in Toronto, Radical Ventures launched a US $350 Million fund in 2019 focused on Series A investments.
FootPrint Coalition
FootPrint Coalition is a climate tech venture capital company dedicated to combating climate change through investments in innovative climate tech firms and providing the latest climate news. Their focus spans various sectors including consumer products, data and analytics, energy, food and agriculture, homes and buildings, and mobility.
What's next for Climateai?
The recent major enterprise-level funding, characterized as a strategic investment, positions Climateai for significant scaling and further development of its climate intelligence platform. This capital infusion is expected to accelerate the company's expansion into new markets and enhance its technological capabilities. The ongoing backing from prominent investors suggests strong confidence in Climateai's business model and its potential to revolutionize the agricultural sector by making it more resilient and profitable in the face of evolving climate conditions.
See full Climateai company page
