Lumir Backs Tomorrow.io’s Strategic Leap into the Future of Weather Intelligence

Lumir Backs Tomorrow.io’s Strategic Leap into the Future of Weather Intelligence

September 11, 2023

Lumir Ventures' is excited to announce its strategic investment in Tomorrow.io, the world's leading weather intelligence and climate adaptation platform. Lumir recently participated in Tomorrow.io’s Series E funding round led by Activate Capital.

Tomorrow.io is a revolution in understanding and adapting to the weather. Its intuitive and powerful weather intelligence SaaS platform provides customers with actionable insights based on high-resolution forecast modelling and global weather data.

And Tomorrow.io is pushing the envelope further by expanding into the final frontier – space.

Going live with its proprietary space program this year, Tomorrow.io is elevating its data collection capabilities to further improve its predictive models. By placing weather satellites into orbit, Tomorrow.io is taking a giant leap forward, capturing high-frequency, high-resolution scans of precipitation and atmospheric profiles across the globe. This feat provides unparalleled real-time weather data, opening new possibilities for weather forecasting and climate observation accuracy.

Tomorrow.io is incrementally deploying its full satellite constellation, which will provide the company with global coverage, allowing it to monitor the world's climate with an impressive repeat rate. This pioneering venture will disrupt the weather forecasting industry and be an integral tool in adapting to rapidly changing weather events and the battle against climate change.

Tomorrow.io’s reach extends beyond the realm of weather forecasting. Anchored by deep-seated care and respect for our planet's future, Tomorrow.io actively participates in the fight against climate change. As a signatory of the UN Global Compact, Tomorrow.io is responsible for championing the Sustainable Development Goals (SDGs) and bolstering worldwide initiatives to tackle climate change.

Lumir’s decision to invest in Tomorrow.io was driven by our belief in the company’s ambitious vision, values and its proven track record of innovation. The Tomorrow.io team has demonstrated strong execution and is poised to play a transformative role in the fast-growing weather intelligence and climate adaptation market.