ClimaCell raises $23M Series C for its weather intelligence platform
ClimaCell, the weather forecasting and intelligence service that is utilizing a variety of interesting brand-new methods to collect weather information, today announced that it has actually raised a $23 million Series C round co-led by new financier Pitango Development and existing financier Square Peg Capital. With this new round, the Boston and TelAviv-based business’s total funding […] As ClimaCell co-founder and CEO Shimon Elkabetz told me, the round came together well after the worldwide COVID-19 lockdowns had actually started and the team never ever fulfilled with its brand-new financiers in individual. ClimaCell is the only SaaS business that enables actionable items ahead of weather condition occasions rather than responding to them and their implications and ramifications,” stated Aaron Mankovski, handling basic partner at Pitango Growth, in today’s announcement. Elkabetz kept in mind that the business prepares to utilize the new funding to broaden both its go-to-market efforts and to focus on the fundamental R&D that makes its platform work. While the customer app might not be ClimaCell’s main focus, it utilizes the very same technology in the back end, including a version of Insights for leisure activities. …
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