# Meteomatics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/meteomatics

- Industry: Software
- Headquarters: St. Gallen, Switzerland
- Website: www.meteomatics.com
- Total disclosed funding: $36M
- Latest round: Series C (Jan 29, 2025)
- Investors on record: 4

## About

Founded in 2012 and based in Switzerland, Meteomatics AG operates as a weather service provider specializing in weather data, energy, and meteodrones servicing more than 400 companies worldwide. In September 2019, Meteomatics AG raised an undisclosed amount of venture funding from new investor FortyOne Group. Additionally, in June 2022, Meteomatics raised CHF 13.5 million in Series B funding led by investor Alantra. Further, in January 2024, the firm raised venture funding led by Lockheed Martin Ventures. Meteomatics, as of February 2023, is led by founder and CEO, Martin Fengler. In January 2025, Meteomatics AG raised CHF 19.91 million in series C funding led by new investor Armira Partners, with participation from another new investor Klimax AS. Returning investors Alantra and FortyOne Group also participated in the round.


The company provides real-time, granular, and accurate weather forecast data. Meteomatics supplements basic information about large-scale weather events with data from the near-surface atmosphere. Then, this data is collected by drones, which climb up to a maximum of three kilometers several times a day to measure wind speeds, temperatures, and humidity. The company's products include the European weather model EURO1k, a numerical weather model that provides a resolution of 1 km for fine-scale datasets throughout Europe; Weather visualization with weather maps, MetX; weather API for a faster and more accurate full range of weather (historical, real-time, short-time and seasonal forecasts), climate projections, and oceanic data; energy forecasts for wind, solar and hydropower feed-in for different control areas and locations; and meteodrones (autonomous weather drones) for collecting weather data from the lower and middle atmosphere. 

The company plans to utilize January 2025 funding to accelerate business expansion across the US and product offerings.

## Funding rounds

- Series C, Jan 29, 2025, $22M — Alantra, Armira Partners, FortyOne Group, Klimax AS
- Series B, Jun 1, 2022, $14M — Alantra

## Investors

- Alantra (https://capitalatlas.ai/funds/alantra) — Series B, Series C
- Armira Partners (https://capitalatlas.ai/funds/armira-partners) — Series C
- FortyOne Group (https://capitalatlas.ai/funds/fortyone-group) — Series C
- Klimax AS — Series C