Funding

Utrecht-based Beyond Weather Secures €250k in Funding

Apr 25, 2024 | By Team SR

Beyond Weather, a Vrije Universiteit (VU) Amsterdam spin-out, secures €250k in funding from LUMO Labs to further the development of its artificial intelligence (AI) technology for long-range weather and impact predictions.

Beyond Weather, a Vrije Universiteit (VU) Amsterdam spin-out, secures €250k in funding from LUMO Labs to further the development of its artificial intelligence (AI) technology for long-range weather and impact predictions.

With its headquarters in Utrecht, adjacent to the Dutch national weather hub at De Bilt, it uses its vast experience with climate change and the latest advancements in artificial intelligence to provide precise and dependable weather and impact forecasts that are used by the energy and agricultural industries throughout Europe.

Jannes van Ingen, CEO of Beyond Weather, said: “Beyond Weather originated from a dedicated team of climate scientists at VU Amsterdam. We care about the risks of climate change, and we work passionately every day to bring predictability and actionability to society. We are immensely excited to have LUMO Labs on our side in this journey”.

Established in 2021, It provides fast, comprehensible, and practical predictions with its artificial intelligence-powered models, allowing the energy and agriculture industries to predict high-risk weather occurrences more accurately than in the past.

By proactively addressing possible effects like crop loss, this predictive capacity enables firms to efficiently manage risks, lower expenses, and boost profitability. Furthermore, Beyond Weather will offer useful information to support relief efforts in the Global South, which is already severely affected by climate change.

Andy Lurling, Founding Partner of LUMO Labs said, “Although we must all press on with our efforts to stop and reverse climate change, there is no denying that amid escalating climate change-induced weather events, today and in the foreseeable future, accurate forecasts are crucial, Our investment will accelerate the implementation of Beyond Weather’s pioneering AI solutions, strengthening global weather prediction and enhancing climate resilience.”

This investment comes after TTT-AI, NWO, and Rabobank provided funds previously for the creation and effective validation of Beyond Weather's technology.

About Beyond Weather

Beyond Weather is a ubiquitous factor that affects companies in many different ways, ranging from supply chains and financial markets to agriculture and energy. Accurate long-range weather predictions are more important as the frequency of uncommon weather occurrences and climatic extremes increases. At Beyond Weather, they understand how important it is to predict the weather, especially in a world where the use of renewable energy sources is increasing daily.

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