Meteomatics, a portfolio company of Alantra’s Klima fund, raises $22mn in Series C funding
Date 17 February 2025
• The funding will support Meteomatics’ expansion in the U.S. and the scaling of its high-resolution weather technology.
• Meteomatics delivers real-time, high-precision weather intelligence to over 600 companies, including Tesla, NASA, and Airbus, using advanced modeling and its proprietary Meteodrone.
• Alantra’s Energy Transition fund, Klima, invests in high-growth energy transition companies, reinforcing its commitment to innovative solutions in weather intelligence and climate resilience.
17 February 2025 – Switzerland-based Meteomatics, the weather intelligence and technology company that enables the world’s leading companies to accurately forecast the weather’s impact on business, has successfully raised $22mn in a Series C financing round. The round, led by Armira Growth, included participation from Alantra’s Energy Transition fund, Klima, and its U.S. strategic co-investors. With this new funding, Meteomatics plans to scale its high-resolution weather technology and accelerate its expansion into the U.S. market.
Meteomatics delivers precise, real-time weather intelligence to businesses worldwide. Trusted by over 600 companies, including Tesla, NASA, and Airbus, its data enhances energy efficiency, logistics, automation, and risk management. With cutting-edge modeling and its proprietary Meteodrone, Meteomatics provides unmatched, high-resolution weather insights. Headquartered in Switzerland, it also operates in the U.S., UK, Germany, Norway, and Spain.
Martin Fengler, founder and CEO of Meteomatics, said: “Weather-related business risks are no longer something companies need to simply consider; a company’s ability to accurately predict and prepare for weather threats can make or break their business. This is where Meteomatics comes in. We’ve spent over 10 years bringing technology to market that offers the highest precision weather forecasting that businesses can get and sets new global standards for weather data. We’ve attracted some of the world’s most innovative companies along the way, and we look forward to meeting this demand by exponentially scaling our company and technology.”
Manuel Alamillo, Partner at Klima Energy Transition Fund, added: “With rising weather volatility and the increasing frequency of extreme events, accurate, real-time, high-resolution forecasting is becoming essential for industries such as energy, logistics, transportation, government, agriculture, and insurance. Alongside Armira Growth, Klima has reinforced its commitment by doubling down on our investment, together with our U.S. strategic co-investors. We are confident in Meteomatics’ future and its continued growth as a global leader in weather intelligence.”
Alantra’s €210mn Energy Transition fund, Klima, invests in high-growth companies across key energy transition sectors, including energy storage, efficiency, smart grids, renewable gases (hydrogen, biogas), carbon capture, renewable energy, and sustainable mobility—particularly in heavy transport. Supported by Alantra and Enagás as sponsors, Klima also counts the European Investment Fund, the Canadian Pension Fund, and Axis ICO among its key investors. The fund currently holds seven investments across various countries and sectors.