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Armira Growth Leads Raise to Expand the Company's High-Resolution Weather Model to Companies Across Energy, Insurance, Agriculture, Aviation and Other IndustriesEXTON, Pa.--(BUSINESS WIRE)--Meteomatics, the weather intelligence and technology company that enables the world's leading companies to accurately forecast the weather's impact on business, today announces the close of its $22M Series C funding round. The round was led by Armira Growth, a European technology investor that partners with ambitious companies that are driving technological change. Klima, the Alantra Energy Transition fund; a leading U.S.-based renewables and utility company; and Fortyone also participated in the round.
More than 600 companies, including Tesla, CVS Health, Swiss Re, McCain, NASA, Honda, Airbus, Stellantis, and UK Power Networks, rely on Meteomatics' high-resolution weather data to make critical business decisions. As extreme weather becomes more frequent and its impact more severe to businesses, Meteomatics is seei...
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