Meteo-Logic Overview
Meteo-Logic leverages global weather data and other big data sources with its machine-learning algorithms to deliver an energy asset trading platform and provide stability and predictability to the entire ecosystem. Meteo-Logic aims to restructure energy markets to match universal needs. Meteo-Logic is the creator and provider of the trading AI engine. The futures hedge fund provides access to the trading markets and takes advantage of the company's trading engine.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
אלי אלעזרא נכנס להשקעה של מיליוני שקלים בחברת מטאו-לוג'יק | כלכליסט
אלי אלעזרא, owner of insurance training company Albar and Efrat, has invested millions of shekels in technology company Meteo-Logic. The investment was made in parallel with the launch and start of trading of the Meteo-Logic Futures Fund in European energy markets. The fund is expected to trade in future contracts for electricity on global stock exchanges using an artificial intelligence-based engine developed by Meteo-Logic. Meteo-Logic, founded in 2011 and developed an algo trading platform for electricity trading, has raised funds from several investors, including Chinese billionaire Li Ka-shing through Horizon Ventures, Galit Shapira, and Nir Kalkstein. The company is also expected to expand its current funding round with the entry of additional investors.
Investment
growth-positive
Meteo-Logic's road from a weather prediction algorithm to a power futures trading system
The article features the startup journey of Meteo-Logic, a company founded by Igal Zivoni in 2011. Meteo-Logic started as a weather forecasting company and later evolved into an AI/ML Hedge Fund focused on the power markets. The company raised $18 million in capital from investors such as Gilad Shabtai, Horizon Ventures, Nir and Arie Kalkstein, Israel Oil Company, and Rega Ventures. The article discusses the challenges faced by the company, the growth of the renewable energy market, and the importance of daily learning and adaptation. It also provides tips from Igal Zivoni for startup entrepreneurs. The article does not mention any specific partners or customers.
InvestmentExpand
growth-positive
Meteo-Logic to Introduce New Algo-Trading Approach to Energy Commodity Markets at 2nd Credit Suisse Private Innovation Circle
Meteo-Logic, a company specializing in weather prediction for the energy sector, has been chosen to present at the Credit Suisse Private Innovation Circle. The company aims to leverage its technology to predict prices of energy-related commodities and achieve extraordinary returns in commodity trades. Meteo-Logics unique core competence in leveraging prediction capabilities on the impact of weather on energy commodities sets it apart. The company is backed by Horizons Ventures, the investment arm of Li Ka-Shing, and is led by Founder and CEO Igal Zivoni. The Credit Suisse Private Innovation Circle is an exclusive networking platform for select clients and influential individuals to discuss important themes with international opinion leaders and Credit Suisses senior management.
Partners
growth-positive
Big data weather forecasting co Meteo-Logic raises $3m
Meteo-Logic has completed its first round of funding with a $3 million dollar investment from Li Ka-shing�s Horizons Ventures. The company is revolutionizing weather forecasting with a big data analysis engine that provides accurate on-spot forecasting for various industries. Meteo-Logic recently launched its Wind Mill Power forecasting solution, targeting the $50 billion wind power market. The investment will fuel the companys growth and enable it to disrupt markets dependent on weather.
Investment
| Sector | Fintech & Insurtech |
Funding
| Total funding | $17.2M |
| Last funding | $2.2M |
| Stage | B |
| Rounds | 3 |
| Investors | 3 |
Team Members
4
Employees: 11-50
Web & Social Links
| Website | meteo-logic.com |
Locations
Moshe Sharet 22, Ramot HaShavim, Israel
Photos & Videos
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