As climate change accelerates, Atmospherics, Inc. is using AI and petascale data to build weather decision-making engines for every business. Companies that use Atmospherics can boost profits 10%, simply by responding proactively to the weather. Atmospherics has now raised $2M from Signia and Sound Ventures, opened offices in Berkeley and Bordeaux, and deployed its technology for energy and e-commerce giants.
Atmospherics, Inc., a new AI-for-weather startup, today announced seed investments from Signia Ventures, Sound Ventures, T-Bird Capital, Pegasus Tech Ventures, Starling Ventures, Elysium Ventures, Joshua Schachter, and others.
Atmospherics, also known as Atmo, aims to answer pressing questions of how businesses should respond to, and take advantage of, patterns in the weather. Atmo uses custom-built AI to analyze an enterprise's historical data, compare it to a petascale database of the world's weather, and generate precise insights for how to lower costs and boost profits, given the forecast.
Atmo's AI-for-weather products are already in large-scale use, precisely predicting solar power production for an entire national energy grid, down to the minute, and improving delivery time estimates for a billion-dollar online retailer, down to the individual package.
Atmo's founding team comes from Project Loon, the groundbreaking Google X balloon effort, Apollo Fusion, a space propulsion startup, Atomwise, the pioneering AI-for-drug-discovery firm, and AXA, the European insurance giant. Collectively, Atmo's founders have previously launched companies that raised over $250M and shaped their respective industries. Atmo went through Y Combinator's accelerator program earlier this year, amid the start of the COVID-19 pandemic.
Atmo is advised by experts in aerospace, meterology, and machine learning. Atmo's founding advisory team includes Mike Cassidy of Apollo Fusion and Google, Creon Levitt of Planet Labs and NASA, Prof. Pierre Pinson, of Technical University of Denmark, and Dr. Nina Miolane of UC Barbara and Stanford.
“Meterology is as old as Aristotle, who used the word in 350BC. This century, weather has pushed forward statistics, sensors, and even spaceflight. Now, Atmo is pioneering the use of computing to rapidly unlock the secrets of weather for every business.”
Atmo's technology is applicable to many industries. While diverse sectors like renewable energy, agriculture, and logistics use different metrics, Atmo's systems can understand many kinds of weather patterns, and quickly make operational recommendations across industries.
Many industries have developed simple weather rules over the years, such as cold beverages sell better on hot days, or aircraft are delayed during thunderstorms. However, Atmo has shown that the most profitable weather optimizations are far more complex than simple business rules can manage (such as the delivery of thousands of individual packages in varying weather scenarios) or are onerous to traditionally calculate (such as the power output of millions of individual solar panels).
“Unpredictable weather patterns cost businesses billions all over the world. Companies have no real solutions to deal with this problem which is why I am excited for what the Atmo team has developed. They have unique expertise with a proven ability to execute which is why we have high conviction Atmo will become the category-defining company in AI-for-weather.”
Atmo relies on a combination of three key weather technologies it invented to build its offerings for businesses:
Climabase - A high-performance Climate Information Database, spanning 4,000,000 GB of data, 1000 different weather variables, and 20 years of weather measurements, covering every continent and country globally.
Encorr - A fully-automated Environmental Effect Correlator, capable of comparing vast business datasets with the historical weather, to discover both big and small ways the weather drives each organization's key metrics.
Weatherdec - A deep neural network-powered Weather Decision Maker, that recommends the precise moment-to-moment actions that are most likely to lower costs and raise profits, based on the weather forecast.
“Atmo's weather technologies are world-leading, and would be challenging for most organizations to develop internally. I predict Atmo's tools will enable thousands of teams to achieve weather-related breakthroughs that would otherwise be impossible.”
These three technologies enable Atmo's three products, which it offers to businesses of all sizes, to easily and rapidly improve their financial performance with weather-based insights:
Atmo 360° Reports - Rapid and comprehensive snapshot reports that give businesses a new picture of the ways in which weather and climate affect their performance.
Atmo Profit+ - A real-time, AI-powered decision-making engine that interfaces with a business' existing systems to make moment-to-moment profitability optimizations, based on the weather forecast for the next minutes, hours, days, weeks, and months.
Atmo Risk- - A proactive, continuosly updating radar system for weather-based risks and threats, unique to each business' operations, obligations, and facilities.
Ultimately, Atmo aims to democratize access to advanced weather insights for all organizations. In doing so, Atmo hopes to help thousands of teams unearth hidden, weather-based opportunities for creating value, reducing risk, and transforming their relationship with the ever-evolving natural world.