Martin Fengler knows a lot about the weather. Fengler has a Ph.D. Mathematics focused on predicting numerical weather. However, he knew a lot about weather forecasts in terms of predictions, but when he started working for the pilot license in 2011, he realized the gap in terms of consumption.
Fengler said in Techcrunch, “I learned a lot about weather forecasts from a user point of view. “Of course, as a mathematician, it’s very different from looking at the weather forecast and minimizing errors. But I couldn’t sit on the runway and couldn’t fly with a mist or bad prediction. ”
Fengler decided to start his weather company and started flight in 2012. St. Gallen, Switzerland, gets weather data from more than 110 sources, in addition to collecting data from its own autonomous drone. The combination of this data source allows METEEMATICS to update the weather forecasts every hour and make an accurate prediction of an area of 1 square kilometer.
Phenomenology The customer puts all the information in one place for the customer and builds the API to build the API so that the customer can use the appropriate method, including the customer executes its own AI algorithm. Fengler CEO added that the fact that meteorology translates weather data into a uniform structure is simple, but it is its own achievement.
“This has dealt with a complex large file, a very specific data format in these industries, and there are few standards around them. “Bring the API to this industry is like bringing light to blind people.”
Fengler focuses on the construction of a weather company for companies or commercial sectors, and many people are different from most weather companies because they focus on one region and one potential customers.
Fengler said, “Most weather companies are focusing on the media industry and I didn’t like it. “This is about TV and radio, but the industry has high demand and has always been interested in the topic of customers.”
METEOMATICS is currently working with more than 600 customers, including large companies such as Tesla, CVS Health and SWISS RE. Fengler is clearer in some cases of use of companies, such as meteorological energy companies, but as others use weather data to predict the results of wind or photovoltaic farms, others are not less, and Fengler has learned the use of new companies in the weather. Added. Almost weekly data.
Companies will continue to find more data as much as the impact of climate change continues to grow. Climate disasters are $ 150 billion annually, Only in the United StatesThe business darkens the ratio of the cost.
METEMATICS raised the $ 22 million series C rounds led by Armira Growth with the participation of Alantra’s Energy Transition Fund, Klima and ForTyone Group. Fengler said that the company intentionally reinvested the money that returned to business through a 12 -year history, which allowed startups from collecting numerous capital.
Fengler added that it usually raises a new round when trying to invest money in a specific project or initiative. This series C round is no different. The company plans to hire sales and marketing teams focused on this area and use capital to expand the US.
Some of the money from the round will arrive to build the company’s technology. Fengler’s grand vision is to bring precision weather defined in the world in the world. This specificity level is available throughout Europe and must be available in the United States until the end of Q1.
Fengler said, “This remains as a meteor’s North Star. “I get up in the morning. I strongly believe that we can someday provide a global 1 kilometer model. ”
