Ignitia
Latest round
- Series A
Last raised
- Aug 2018
Total raised
- $1.1M
Investors
- 3
About Ignitia
Founded in 2010 in Stockholm, Sweden, Ignitia AB focuses on providing climate intelligence solutions, particularly for the agriculture industry.Ignitia specializes in hyper-localized weather data and climate intelligence solutions designed to enhance decision-making for various sectors, particularly agriculture. Their core offerings include real-time weather alerts based on synthetic radar technology, climate risk scoring that evaluates weather conditions for land, and high-resolution forecasts aimed at optimizing agricultural yields through precise planting date predictions. The services leverage advanced AI models combined with over 30 years of proprietary re-forecasting data to deliver accurate and localized weather predictions, with a forecast resolution as fine as 9x9 km and under 1 km for radar data. Ignitia's customer base primarily includes farmers and agricultural stakeholders in challenging climatic regions such as West Africa, Brazil, and the Philippines, as well as clients involved in early warning systems and smart city initiatives.60. The revenue model is based on subscription services tailored to the agriculture sector, allowing clients to receive ongoing weather updates, alerts, and climate analysis that assist in operational planning. The company aims to enhance its product offerings with new features to improve weather forecasting accuracy and broaden its geographical reach in agricultural hubs by the end of 2024. This expansion will target regions that experience significant climatic challenges, allowing Ignitia to further assist farmers and stakeholders in adapting to changing weather patterns.
Who invested in Ignitia
3 investors across 1 round
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Funding rounds
Series A
Aug 24, 2018
Amount
$1.1M
Investors
Questions about Ignitia
Who invested in Ignitia?
Ignitia has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Ignitia raised?
Ignitia has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Ignitia last raise money?
Ignitia's most recent round on record is a Series A, in Aug 2018.
What does Ignitia do?
Founded in 2010 in Stockholm, Sweden, Ignitia AB focuses on providing climate intelligence solutions, particularly for the agriculture industry.
Where is Ignitia headquartered?
Ignitia is headquartered in Stockholm, Sweden.
Which VCs invest in companies like Ignitia?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back information services companies at Ignitia's stage. Their profiles are linked below.
VCs backing information services startups at Series A
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