Martin Fangler knows a lot about the weather. Fangler has obtained a PhD. Mathematics focused on numerical weather predictions before working at Meteomedia AG, a network of Meteorological Observatory in Switzerland and Germany. However, he knew a lot about the weather forecast from the prediction, but he noticed the gap remaining on the consumer side when he began to work for the pilot license in 2011.
“I learned a lot about the weather forecast from a user's point of view,” Fenler told TechCrunch. “Of course, it is very different from seeing the weather forecast as a mathematician and minimizing error measurements, but you can't fly on the runway because of the poor fog or prediction. It's very eye -catching. Was watched.
Fangler decided to launch his own meteorological company in 2012 and started a competition in 2012. A company based in St. Gallen, Switzerland, draws weather data from more than 110 sources in addition to collecting data from its own autonomous drone. With the combination of this data source, Meteomatics can update the weather forecast every hour and accurately predict about the area of about one square kilometer.
Martin fengler / meteomatics.
METEOMATICS can use all of that information in one place for customers, build APIs on it, so that customers can use their AI algorithm on it, so that they can use data. Masu. CEO's Fengler added that the fact that weather data converts weather data into a uniform structure, but is a feat of itself.
“We dealt with a very complex large -scale file and data format in these industries.” Bringing APIs to this industry was like brought light to visually impaired. “
Fengler stated that it focuses on the construction of a meteorological company for companies, or that commercial sector is generally different from most weather companies.
“Most weather companies are focusing on the media industry and I didn't like it,” Fenler said. “It's very important about television and radio, but there is a big demand from the industry, and I was always interested in the topics that those customers handled.”
METEOMATICS is currently working with more than 600 customers, including large companies such as Tesla, CVS Health, and Swiss Re. FENGLER is more obvious, like a renewable energy company to predict the results of wind power and solar farms using weather data, but other companies are not so. I added. Data almost every week.
Companies are also looking for this kind of data as the impact of climate change continues to become more intense. Climate disasters are costly $ 150 billion per year in the United States alone, and companies guarantee the ratio of these costs.
Meteomatics has raised a $ 22 million series C -round led by Armira Growth by participating from Alantra's Energy Transition Fund, KLIMA, and Fortyone Group. Fenggler stated that the company intentionally reinvested money that returned to a 12 -year history.
FENGLER usually added a new round when trying to spend money on a specific project or initiative. The same is true for this series C round. The company plans to use capital to work on US expansion by hiring sales and marketing teams focusing on the region.
Some of the money from the round are also imposed on building company technology. Fengler's spectacular vision is to bring the precision defined throughout the earth in a square kilometer range. This level of specificity is now available in Europe as a whole and should be available in the United States by the end of the first quarter.
“It's still an iliac Northster,” Fenler said. “I get up in the morning. I strongly believe that someday I can provide a global 1km model.”