Gorilla Capital Fund III has invested in Snower, a provider of advanced snow condition data solutions, to enhance public safety and operational efficiency amidst growing challenges posed by climate change.
Information on the Target
Gorilla Capital Fund III has announced its 24th investment in Snower, a pioneering provider of real-time, user-friendly snow condition data. Snower’s technology is designed to assist the public, maintenance teams, and experts in enhancing safety and efficiency through precise snow data.
Snower utilizes an advanced snow measurement system that combines algorithms, machine learning (ML), and artificial intelligence (AI) to deliver accurate and reliable data. It operates via a network of Internet of Things (IoT) sensors that gather critical snow information and other relevant measurements vital for various winter-related conditions. This data is applicable for road maintenance, avalanche monitoring, and weather forecasting, and is presented to users in an easily digestible format. The devices are designed and manufactured in Finland, specifically engineered to withstand Nordic climates.
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Industry Overview in Finland
The winter services industry in Finland is significant due to the country's harsh and snowy climate conditions. As snowfall becomes more unpredictable due to climate change
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