Tech Company Financing Transactions
WeatherXM Funding Round
WeatherXM closed a $7.7 million Series A venture capital round on 5/22/2024. Investors included Faction, Alumni Ventures and Arca.
Transaction Overview
Company Name
Announced On
5/22/2024
Transaction Type
Venture Equity
Amount
$7,700,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to grow the team, and the network, and continue research and development in crypto-enabled weather hardware and decentralized infrastructure.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
Gubelstrasse 11
Zug, 6300
Switzerland
Zug, 6300
Switzerland
Phone
Website
Email Address
Overview
We are a team of engineers and weather scientists who leverage IoT (Internet of Things) with Web3 to create a new way to map the world's weather through a community-powered weather network. Our mission is to collect high quality, hyperlocal weather data for every corner of the world and make them universally accessible and useful.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Manolis Nikiforakis
Chief Financial Officer
Nikos Pagkratis
Chief Technical Officer
Nikos Tsiligaridis
VP - Bus. Development
Thanos Daskalopoulos
VP - Product Management
Stratos Theodorou
VP - R & D
Stavros Keppas
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Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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