TDK Ventures has invested $1 million in Boulder-based climate-tech startup Divirod to accelerate its innovative water-level risk monitoring technology aimed at reducing the impact of water-related catastrophes.
About the Target
Divirod is a pioneering startup based in Boulder, Colorado, specializing in climate technology. The company has developed an innovative water-level risk monitoring tool that utilizes advanced data analytics and satellite technology to predict hazardous conditions such as flooding, ice, and snow accumulation. By combining big-data analytics with ground sensors, Divirod offers high-precision, real-time data across extensive areas, achieving millimeter-level spatial resolution.
This unique solution not only provides the most accurate real-time data available in the industry but also does so at a competitive cost, significantly enhancing the ability to assess water-related risks and emergencies. Through its global sensor network, Divirod aims to deliver actionable insights to decision-makers, emergency services, and insurers, ultimately saving lives and mitigating economic losses.
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Industry Overview in the United States
The climate technology sector in the United States is undergoing rapid transformation as it addresses the pressing challenges posed by climate change. With increasing frequencies of extreme weather events, there is a heightened
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TDK Ventures Inc.
invested in
Divirod
in 2022
in a Corporate VC deal
Disclosed details
Transaction Size: $1M