Tech Company Financing Transactions
Rainbow Weather Funding Round
Rainbow Weather secured a $2 million financing round on 11/7/2023. Investors included Kolos Ventures and Melnichek Investments.
Transaction Overview
Company Name
Announced On
11/7/2023
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
Warszawa, Mazowieckie, Undisclosed
PL
Warszawa, Mazowieckie, Undisclosed
PL
Phone
Undisclosed
Website
Email Address
Overview
Rainbow Weather uses artificial intelligence to give accurate and rapid weather forecasts. According to the firm, it provides weather predictions based on a variety of data sources (ranging from satellites and meteorological stations to user reports and shared barometer data). Their initial product is a smartphone app for iOS and Android that giveshyperlocal forecasts, informing users of impending rain and snowfalls, storms and hurricanes, and their motions on the map.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Alexander Matveenko
Founder
Yury Melnichek
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