4 years ago

Climate X Raises £1.1 Million to Help Tackle Climate Change

  • Climate X, a London-based startup focused on climate adaptation data and analytics, has raised £1.1 million in a pre-seed funding round led by Pale Blue Dot

  • The investment will be used to expand the company's operations and bring its product to market

  • Climate X uses a blend of physical risk models and machine learning to project how extreme weather events could impact assets and locations worldwide

  • The company's solution is designed to help businesses and governments assess their climate risks and make informed decisions about their investments and strategies.

      • ProblemTechnology

      "Companies need to understand the impact of climate change on their assets and operations, but current data and analytics are not sufficient to provide accurate and actionable insights."

      Solution

      "Climate X provides a data and analytics platform that uses physical risk models and machine learning to project how extreme weather events linked to climate change could impact specific assets or locations anywhere in the world, up to 80 years into the future. This allows companies to assess their climate risks, understand the data they'll be using to inform their investments and business strategies, and comply with incoming government regulations mandating climate disclosures."

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