Skyfora

Overview
Climate Risk Analytics?
Product stageSegments
Seed
?
Short-term weather analytics: AI/ML
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Finland-based Skyfora (formerly known as Hurricane Unwinder) uses AI, machine learning, and IoT technologies for tropical storm forecasting. The company’s spearhead products include StreamSonde weather instruments and AI-empowered Tropical Storm Tracker.

Skyfora’s StreamSonde claims to be the world’s lightest weather sonde, weighing 15 grams, applicable as a radiosonde, a dualsonde, or as a dropsonde. The StreamSonde floats freely, scanning an increased number of storms, providing increased data with better detail. The company’s Tropical Storm Tracker provides real-time estimates and forecasts of tropical cyclone wind speed and position. 

In April 2022, the company launched an updated version of its Tropical Storm Seasonal Forecast model. This model covers probabilistic predictions covering tropical cyclone (TC) intensity, storm genesis by region, and storm landfall by region. During the launch, Skyfora also onboarded a customer from the insurance-linked securities (ILS) market. 

Funding and financials

In March 2021, Skyfora raised EUR 600,000 (USD 716,000) in a funding round led by Voima Ventures. The funds were to be utilized for team expansion, to scale up R&D activities, and for sales growth.

HQ location:
Itälahdenkatu 22 A Helsinki FIN
Founded year:
2019
Employees:
11-50
IPO status:
Private
Total funding:
USD 2.7 mn
Last Funding:
-
Last valuation:
-
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