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Climavision receives US$100m investment for growth of high-resolution weather platform

4 Jun 2021 7:48 PM | Anonymous

The Rise Fund, TPG’s global impact investing platform, has announced a US$100m strategic investment in Climavision, a newly launched weather services and intelligence platform powered by a private network of high-resolution radars, GPS-RO data and proprietary software to vastly improve the timing and accuracy of weather forecasting and to fill low-level gaps in existing weather surveillance.

Climavision was formed out of Enterprise Electronics Corporation (EEC), a commercial supplier of weather radar systems. EEC has a 50-year history and more than 1,200 installations across 95 countries. According to Climavision, by combining lower altitude, proprietary data with machine learning and AI technology, its offering provides 10x higher resolution and more accurate forecasting to address critical coverage gaps left by existing radar networks across the USA.

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