Earthmover, a climate tech startup, secured $7.2 million in seed funding, led by Lowercarbon Capital. Costanoa Ventures and Preston-Werner Ventures also participated in the round.
The company develops a robust data structure and tools for processing large, complex weather and geospatial data sets. This platform handles data types known as rasters, tensors, or arrays. Furthermore, it provides customers with insights from their extensive data.
Initially focused on broader climate tech, Earthmover pivoted to emphasize frequently changing weather data. This strategic shift addresses urgent needs for dynamic data solutions. Consequently, the company now focuses on how climate impacts daily life.
The system operates on major cloud providers, including Google Cloud, AWS, and Microsoft Azure. It also supports on-premise servers. The platform leverages open-source software like Xarray, Pangeo, and Icechunk.
Advancing Dynamic Geospatial Data Solutions
Earthmover currently serves over 10 paying customers. For instance, insurance startup Kettle uses the platform to assess wildfire risk. German multinational energy company RWE also employs Earthmover's tools. These customers leverage the platform for forecasting supply and demand, especially in renewable energy sectors exposed to weather variability.
The company's open-source foundation mitigates customer risk. This approach ensures data remains accessible even if Earthmover's business model changes.
