# WeatherXM

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

- Industry: Software
- Headquarters: Zug, Switzerland
- Website: www.weatherxm.com/
- Total disclosed funding: $13M
- Latest round: Series A (May 9, 2024)
- Investors on record: 13

## About

Based in Zug, Switzerland, and founded in 2012 by co-founders Manolis Nikiforakis (CEO), Nikos Tsiligaridis, Vassilis Chryssos, and Stratos Theodorou, WeatherXM AG operates as a provider of a weather data platform offering real-time and historical weather information to individuals and businesses. In May 2024, WeatherXM AG raised USD 7.7 million in Series A funding led by Faction VC, with participation from Arca, Alumni Ventures Group, GS Futures, Westerly Ventures, dlab, Protocol Labs, Inc., Borderless Capital, Placeholder Capital, Red Beard Ventures, Metaplanet Holdings, and ConsenSys Mesh.

The company provides a weather data platform that offers real-time and historical weather information to research organizations. The platform services include raw and enhanced weather data, forecast accuracy tracking, and Web3 integration. Moreover, the firm offers solutions such as weather stations (WS2000 | Helium-LoRaWAN, WB3000 | 4G-LTE, WB1200 | WIFI D1, and WB1000 | WiFi (EU Only)), data services, and blockchain-based weather applications. Additionally, the company also provides a mobile app available on both iOS and Android.

The company generates revenue through the sale of its weather stations and related products on its e-commerce platform. Key offerings include the WS2000 | Helium-LoRaWAN for CHF 400, the WB3000 | 4G-LTE for CHF 900, the WB1200 | WIFI D1 for CHF 400, and the WB1000 | WiFi (EU Only) for CHF 400.

## Funding rounds

- Series A, May 9, 2024, $7.7M — Alumni Ventures Group, Placeholder, Protocol Labs, Inc., Borderless Capital, Arca Investment Management, Metaplanet Holdings, dlab, GS Futures, Red Beard Ventures, Westerly Ventures, ConsenSys Mesh, Faction
- Seed, Jun 3, 2022, $5M — SOSV, Placeholder, Protocol Labs, Inc., Borderless Capital, Metaplanet Holdings, ConsenSys Mesh
- Seed, Sep 26, 2018 — SOSV

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed
- Placeholder (https://capitalatlas.ai/funds/placeholder) — Seed, Series A
- Protocol Labs, Inc. — Seed, Series A
- Borderless Capital (https://capitalatlas.ai/funds/borderless-capital) — Seed, Series A
- Metaplanet Holdings (https://capitalatlas.ai/funds/metaplanet-holdings) — Seed, Series A
- ConsenSys Mesh (https://capitalatlas.ai/funds/consensys-mesh) — Seed, Series A
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series A
- Arca Investment Management — Series A
- dlab (https://capitalatlas.ai/funds/dlab) — Series A
- GS Futures (https://capitalatlas.ai/funds/gs-futures) — Series A
- Red Beard Ventures (https://capitalatlas.ai/funds/red-beard-ventures) — Series A
- Westerly Ventures — Series A
- Faction (https://capitalatlas.ai/funds/faction) — Series A