Beyond Weather secures investment from LUMO Labs to improve AI technology for long-range weather and impact forecasts
Press release April 24, 2024
UTRECHT, the Netherlands – 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 cutting-edge AI developments to provide accurate and reliable weather and impact forecasts, serving the energy and agricultural sectors across Europe.
Jannes van Ingen, CEO of Beyond Weather stated, “Beyond Weather originated from a dedicated team of climate scientists at VU Amsterdam. We care about the risks of climate change, and we work passionately every day to bring predictability and actionability to society. We are immensely excited to have LUMO Labs on our side in this journey”.
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.
“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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