Work Here?
Industries
Food & Agriculture
Industrial & Manufacturing
AI & Machine Learning
Company Size
11-50
Company Stage
Series B
Total Funding
$33.1M
Headquarters
San Francisco, California
Founded
2017
ClimateAI focuses on helping businesses adapt to climate change by providing accurate climate forecasts and actionable insights through its ClimateLens platform. This platform combines climate and weather data from various sources to generate insights that guide businesses in making informed decisions about their operations and supply chains. The technology uses patented models and machine learning algorithms to select the best forecasts for specific locations, which aids in both immediate and long-term planning. Unlike many competitors, ClimateAI specifically targets industries like food and agriculture, offering tailored solutions to enhance climate resilience. The company's goal is to empower businesses to effectively manage climate risks and improve their operational efficiency.
Help us improve and share your feedback! Did you find this helpful?
Total Funding
$33.1M
Below
Industry Average
Funded Over
2 Rounds
Industry standards
Will Kletter is VP operations and strategy at long-range weather forecasting and ag insights platform ClimateAi.The views expressed in this article are the author’s own and do not necessarily represent those of AgFunderNews.Coffee drinkers around the world are facing a bitter reality: the rising cost of their daily cup of caffeine.In December, futures of Arabica coffee — the most popular variety prized for its smoother taste and higher quality — hit their highest level in nearly 50 years. In September, Robusta coffee — the second-most traded variety known for its strong, bitter flavor — reached a record high on the ICE-LIFFE futures exchange and currently trades up 93%on the year.The key drivers are two-fold: the world’s two largest coffee producers, Brazil and Vietnam, experienced drought and heavy rain [respectively] during critical growing and harvest periods; and demand for the drink, particularly in emerging markets such as China and India, continues to grow.But this most recent price increase is not an anomaly. Severe weather conditions have strained supply chains and challenged traditional procurement models over the last decade, ultimately driving up coffee prices.Extreme weather is now the normGlobally, droughts, frosts, and heat waves are becoming recurring threats, disrupting the delicate balance required for coffee cultivation. Brazil, which accounts for roughly 40% of global coffee production, exemplifies the fragility of this balance. The country’s reliance on Arabica beans, which are highly sensitive to climatic changes, only amplifies the risks.In 2015, for example, Brazil’s coffee belt was hit by one of the worst droughts in decades and crop yields dropped significantly. Prices then jumped almost 100% compared to the previous year.In the years since, just the mere perception of risk has been enough to drive volatility.During the 2023-2024 growing season, for instance, Brazil experienced a heat-drought event that had a limited impact on production volumes compared to 2015
There are a lot of ways to describe what’s happening to the Earth’s climate: Global warming. Climate change. Climate crisis. Global weirding. They all try to capture in different ways the phenomena caused by our world’s weather systems gone awry. Yet despite a thesaurus-entry’s worth of options, it’s still a remarkably difficult concept to make relatable.Researchers at MIT might finally have an answer, though
As rising sea levels present a challenge, scientists have found a way to combat this effect of climate change, which is caused by global warming. This phenomenon, known as global warming, refers to the rising temperature of the planet and is one of the biggest threats today.Long-term shifts in temperatures and weather patterns are a natural occurrence that has been going on for a long time. However, scientists assert that ever since the 1800s, the pace of this change has increased significantly, primarily due to human activities.Global warming occurs when greenhouse gases such as carbon dioxide, nitrous oxide, and methane absorb sunlight and solar radiation. These pollutants then trap the heat, causing temperatures to rise. Scientists attribute this to fueling hotter heat waves, wildfires, more frequent droughts, more damaging hurricanes, heavier rainfall, and intensified weather patterns.Yet another effect of global warming, as previously mentioned, is the rising sea levels caused by the melting of glaciers and Earth’s ice sheets. Predictions state the sea level rise from Greenland alone could reach about 10 cm by 2100
Rebecca Aguiar is an associate and Ana Luiza Soffiatti is an analyst at SP Ventures, an early-stage fund investing in agrifoodtech across Latin America. . The views expressed in this guest commentary are the author’s own and do not necessarily reflect those of AgFunderNews.Throughout human history, our fascination with building machines that can emulate our intelligence has driven remarkable progress. As philosopher Henri Bergson once noted, these machines are not mere mechanical beings; they possess an organic quality, capable of evolving much like living organisms. In the realm of agriculture, this evolution has been particularly transformative. This article embarks on a journey through the agricultural eras of technological development, from the relentless manual labor of yesteryears to the cutting-edge artificial intelligence (AI)-driven practices of today. Join us as we explore how
To keep us all up to speed on the latest people moves in agrifood, AgFunder News (AFN) publishes a monthly column of the industry’s biggest leadership changes. This month, longtime Benson Hill CEO steps down, McCormick promotes an insider to CEO, and Clear Frontier expands its team. Are you in a new role or company? Know someone who has left? Drop me a line to share the details: [email protected]’s new CFO. Controlled environment agriculture (CEA) company Little Leaf Farms welcomed finance industry veteran Willian Hogan as its new CFO/SVP
Find jobs on Simplify and start your career today
Industries
Food & Agriculture
Industrial & Manufacturing
AI & Machine Learning
Company Size
11-50
Company Stage
Series B
Total Funding
$33.1M
Headquarters
San Francisco, California
Founded
2017
Find jobs on Simplify and start your career today