Climate X

Overview
Activities
News
Climate Risk Analytics?
Product stageSegments
Seed
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Short-term weather analytics: AI/ML, Long-term climate risk analytics: AI/ML, Climate risk rating
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UK-based Climate X is a climate risk analytics provider. In December 2021, Climate X launched Spectra, an online and API-based on-demand climate risk data analytics platform. The platform claims to have the ability to quantify the financial impact of climate risks between now and 2100, while delivering location-specific risk ratings. Spectra covers a range of hazard types including floods, subsidence, and landslides and is stated to achieve an accuracy level of up to 95%.

Spectra provides governments and businesses access to nearly two trillion data points tied to millions of locations across the UK. As of November 2022, the company had plans to scale up its offering globally over the upcoming months. Spectra’s key technologies include digital twin simulations and loss modeling.

Key customers and partnerships

In July 2024, the company partnered with Equans, a UK-based provider of sustainable facilities management and energy services, to drive climate resilience across the built environment by providing climate risk insights and adaptation solutions.


HQ location:
166 Borough High Street London GBR
Founded year:
2020
Employees:
51-100
IPO status:
Private
Total funding:
USD 24.6 mn
Last Funding:
USD 17.7 mn (Series A; Jun 2024)
Last valuation:
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