Climate X (Series A)
Funding Details
Awarder
Inbox
Date Award
July 1, 2024
Vertical
Climate Risk Intelligence
Funding Amount
$18,000,000
Company Info
Organizations Involved
Legal & General, CBRE, Virgin Money, Federated Hermes
Founders
Lukky Ahmed, Kamil Kluza
Market
Financial Services
Location
UK
Coinvestors
Pale blue dot, CommerzVentures, A/O, Blue Wire Capital, PT1, Unconventional Ventures, Western Technology Investment (WTI)
Company Description

Climate X offers financial insights into the likely impact of climate risks on physical asset valuations, from residential and commercial properties to road, rail, and power infrastructure. The risk assessment model is based on a 'Digital Twin of the Earth', underpinned by more than 500 trillion data points, including a proprietary library of 1.5 billion individual assets and 44 million miles of infrastructure.

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