🚀 Brightband Secures $10 Million To Enhance Weather Forecasting With AI
#Brightband #AI #WeatherForecasting #Funding #ExtremeWeather #ClimateTech #Startups #OpenSource #Technology #Meteorology
According to Odaily, a startup named Brightband, founded by a former Google executive, aims to leverage artificial intelligence to improve weather forecasting. The company announced on Thursday that it has raised $10 million in Series A funding, led by Prelude Ventures. Other investors include Future Back Ventures, a subsidiary of Bain Capital, and Carl Henderson, co-founder of Slack. Brightband was launched this summer by former Google executive Julian Green and three scientists with the goal of developing a paid product and an open-source AI prediction model trained on raw weather observations.
Brightband's co-founder, Amy McGovern, a professor of computer science and meteorology at the University of Oklahoma, stated in an interview that the company will initially focus on predicting extreme weather events, such as heatwaves and tropical cyclones, several days in advance compared to traditional forecasts.#Brightband #AI #WeatherForecasting #Funding #ExtremeWeather #ClimateTech #Startups #OpenSource #Technology #Meteorology
🚀 Coral Secures $3 Million Pre-Seed Funding to Expand AI and Blockchain Climate Tech
#Coral #Funding #PreSeed #AI #Blockchain #ClimateTech #CarbonEmissions #AbuDhabi #TechnologyExpansion
According to BlockBeats, on September 27, blockchain and AI climate technology company Coral announced the completion of a $3 million pre-seed funding round. The company has chosen not to disclose the investors and valuation details at this time.
The newly acquired funds will enable Coral to open a new office in Abu Dhabi, hire additional experts, and enhance its AI platform. Additionally, the company plans to expand its operations and improve its blockchain-based carbon emission management platform. This platform leverages blockchain technology to ensure the full lifecycle traceability of carbon credits.#Coral #Funding #PreSeed #AI #Blockchain #ClimateTech #CarbonEmissions #AbuDhabi #TechnologyExpansion