Tomorrow.io operates a constellation of satellites equipped with precipitation radars and passive microwave sensors to gather atmospheric data. Credit: Tomorrow.io
TAMPA, Fla. — Weather intelligence provider Tomorrow.io has added $35 million to its latest funding round, bringing the total to $210 million to accelerate development of a next-generation constellation for gathering atmospheric data.
The Boston-based company said May 18 that the additional capital came from existing investor Pitango and Harel Insurance, an investment partner of the Israeli venture capital fund.
Private equity investors Stonecourt Capital and HarbourVest Partners led the Series F funding round, announced in February after Tomorrow.io’s Gen1 network of 11 microwave sounder satellites reached a global 60-minute revisit rate for atmospheric observations.
Next-gen DeepSky satellites will be significantly larger than the six-unit cubesats in Gen1, the operator has said, equipped with multiple co-located sensors that cofounder and chief strategy officer Rei Goffer described as a “completely different caliber.”
