Whiffle has secured a €3 million investment from ENERGIIQ and SHIFT Invest to enhance its innovative weather forecasting technology aimed at improving efficiency in the renewable energy sector.
Information on the Target
Whiffle, a spin-off from the Delft University of Technology, specializes in advanced weather forecasting technology. Founded in 2015 by Harmen Jonker and Remco Verzijlbergh, Whiffle has developed an innovative weather forecasting model that offers notable advantages over traditional meteorological services, including ultra-high resolution forecasts.
The company leverages graphic processing units (GPUs) to run complex calculations, which allows it to capture the intricacies of local turbulence and atmospheric conditions. By utilizing artificial intelligence and machine learning, Whiffle has created the world's first operational weather model based on Large Eddy Simulation (LES), enabling highly precise and rapid forecasting tailored for various environmental factors.
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Industry Overview in the Target’s Specific Country
In the Netherlands, the renewable energy sector has been undergoing significant transformations aimed at meeting sustainability targets and reducing greenhouse gas emissions. As a country committed to energy transition, the Nether
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SHIFT Invest, ENERGIIQ
invested in
Whiffle
in 2023
in a Series A deal
Disclosed details
Transaction Size: $3M