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Rainmaker raises $6.3 million in seed funding led by Long Journey Ventures, Day One Ventures, and others to advance cloud seeding technology

May 07, 2024about 1 year ago

Amount Raised

$6.3 Million

Round Type

seed

El SegundoWater PurificationWater

Investors

Balaji SrinivasanGarry TanChampion Hill VenturesStarship Vc1517 FundTamarack GlobalDay One VenturesLong Journey Ventures

Description

Rainmaker has announced a successful seed funding round of $6.3 million. The company is working on advancing cloud seeding technology, which has gained attention internationally due to recent headlines about weather modification.

Company Information

Company

Rainmaker Technology Corporation

Location

El Segundo, California, United States

About

Rainmaker is a team of definite optimists. We understand that drought is a problem to be solved, and we’re going to work relentlessly to solve it.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers