LUMO Labs announces an investment of €250,000 in Vrije Universiteit (VU) Amsterdam spin-out Beyond Weather, for further development of its AI technology for long-range weather and impact forecasting.
Based in Utrecht, nestled close to the Dutch national weather hub at De Bilt, Beyond Weather leverages extensive climate expertise and AI developments to provide weather and impact forecasts, serving the energy and agricultural sectors across Europe.
Beyond Weather’s AI-driven models offer timely, interpretable and actionable forecasts that enable the energy and agricultural sectors to anticipate high-risk weather events further in advance than ever before. This predictive capability allows businesses to effectively manage risks, reduce costs, and increase profitability by pre-emptively addressing potential impacts such as crop damage.
In addition, Beyond Weather will be providing actionable data to aid humanitarian efforts in the already heavily climate-hit Global South.
Accurate forecasts
“Although we must all press on with our efforts to stop and reverse climate change, there is no denying that amid escalating climate change-induced weather events, today and in the foreseeable future, accurate forecasts are crucial,” says Andy Lurling, Founding Partner of LUMO Labs. “Our investment will accelerate the implementation of Beyond Weather’s pioneering AI solutions, strengthening global weather prediction and enhancing climate resilience.”
This investment follows earlier funding from TTT-AI, NWO and Rabobank for the development and successful validation of Beyond Weather’s technology.
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