# Skyfora

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

- Industry: Software
- Headquarters: Helsinki, Finland
- Website: www.skyfora.com
- Total disclosed funding: $4.2M
- Latest round: Seed (Mar 3, 2025)
- Investors on record: 4

## About

Founded in 2019 and based in Helsinki, Finland, Skyfora Oy develops artificial intelligence-driven weather solutions aimed at addressing the challenges posed by climate change. Fredrik Borgstrom is the current CEO of the company. Skyfora specializes in next-generation artificial intelligence-powered weather intelligence solutions designed to measure, predict, and adapt to extreme weather conditions influenced by climate change. Their core product offerings include advanced AI Weather Forecasts and specialized weather instruments, such as their lightweight weather sondes, which provide up to 1000 times more atmospheric observation data than traditional methods. These products are tailored for diverse end users across various industries, including wind and solar energy, insurance, media, and telecommunications, enhancing operational efficiencies and decision-making processes. Skyfora's solutions are deployed in multiple geographical markets, including Europe, North America, and parts of Asia, where they enable clients to optimize energy production, improve maintenance planning, and mitigate risks associated with adverse weather events. Skyfora generates revenue through a combination of subscription-based services and direct partnerships with businesses in sectors such as energy, insurance, and telecommunications. The pricing structure for their products includes annual subscriptions for AI Weather Forecast services, which provide continuous access to exclusive weather data and insights. Additionally, they offer specialized licensing agreements for their innovative weather instruments, such as the StreamSonde series, catering to both B2B clients and government agencies. The transaction framework is primarily B2B, focusing on delivering high-value data services to organizations that rely on accurate weather predictions to enhance their operational capabilities and reduce unforeseen risks. In June 2026, Skyfora Oy raised an undisclosed amount in venture funding by Ugly Duckling Ventures, LUMO Labs, European Innovation Council (EIC) Fund and Eviny Ventures. The round was part of a larger EUR 6.5 million equity and grant funding.

## Funding rounds

- Seed, Mar 3, 2025, $4.2M — Voima Ventures, European Innovation Council, LUMO Labs BV, Ugly Duckling Ventures

## Investors

- Voima Ventures (https://capitalatlas.ai/funds/voima-ventures) — Seed
- European Innovation Council (https://capitalatlas.ai/funds/european-innovation-council) — Seed
- LUMO Labs BV (https://capitalatlas.ai/funds/lumo-labs-bv) — Seed
- Ugly Duckling Ventures (https://capitalatlas.ai/funds/ugly-duckling-ventures) — Seed