News Summary

Meteomatics, a Swiss-based weather intelligence company founded by Martin Fengler, is set to expand its services into the U.S. market following a $22 million Series C funding round led by Armira Growth. The funding will support the establishment of a sales and marketing team dedicated to the U.S., as well as further development of their technology. Meteomatics has been providing precise weather forecasts using data from over 110 sources, including its own autonomous weather drones, which update forecasts every hour with precision down to a one-square-kilometer area. The company’s API allows enterprises such as Tesla, CVS Health, and Swiss Re to integrate this data for various applications, including renewable energy predictions and climate-related risk assessments. The expansion is part of Meteomatics’ vision to deliver precision weather data globally. The company has also announced the enhancement of its drone network to better serve industries like energy, insurance, and agriculture in the U.S.