Tech Company Financing Transactions
Previsico Funding Round
24Haymarket and Foresight Group participated in a $2.4 million funding round for Previsico. The round was announced on 10/3/2023.
Transaction Overview
Company Name
Announced On
10/3/2023
Transaction Type
Venture Equity
Amount
$2,440,000
Round
Undisclosed
Investors
24Haymarket (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate growth, both organically and externally, and expand operations.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
7807 E Peakview Ave #115
Englewood, CO 80111
USA
Englewood, CO 80111
USA
Phone
Website
Email Address
Overview
Our story began in 2001 when Previsico Co-founder Prof. Yu pioneered a 2D flood modelling software which has become a widely used and cited software by academics and practitioners. In 2014, following devastating floods in Somerset, the Cabinet Office approached Loughborough University to help develop the next generation of flood forecasting technology. The challenge with existing forecasting technologies is that because every storm is different, hourly changes in weather patterns can cause floods which are not detected using traditional forecasting approaches. Through a series of research projects at Loughborough University, a cutting-edge flood forecasting technology was developed to solve this.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jonathan Jackson
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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