Excarta Raises $2.5M Seed Investment Round To Commercialize Ai For Business-Targeted Weather Forecasting
Dec 19, 2023•over 1 year ago
Amount Raised
$2.5 Million
Round Type
seed
Investors
Converge VcUbiquity VenturesVillage GlobalXerox ParcDeep MindGoogle ResearchExcarta
Description
Excarta, pioneers of commercializing AI for business-targeted weather forecasting, today announced that it has completed its seed round of investment to commercialize its AI-driven weather forecasting platform. The platform—already functional and "real world" proven—enables businesses to easily, quickly and inexpensively access or produce highly accurate, high-resolution weather forecasts for the parameters they care about. These AI-driven weather forecasts can dramatically enhance situational awareness for businesses that currently rely on conventional weather models.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers