- Press Release
- Feb 4, 2023
Skyfora Has Been Awarded A €2.5 million EIC Accelerator Grant
Skyfora has been selected to receive a €2.5 million grant through the prestigious European Innovation Council (EIC) Accelerator program. It is a great honor to be among the 78 start-ups and SMEs selected to the program from more than 1000 proposals across Europe.
his grant will accelerate the development and scaling of the world’s most accurate AI weather forecast empowered by Skyfora’s groundbreaking, patented technology enabling collection of high-quality weather data from the whole atmosphere.
About the EIC Accelerator
The EIC Accelerator supports individual Small and Medium Enterprises (SMEs), in particular Startups and spinout companies to develop and scaleup game-changing innovations. The EIC Accelerator provides substantial financial support with grant funding (non-dilutive) of up to €2.5 million for innovation development costs and investments managed by the EIC Fund. In addition, EIC selected companies receive coaching, mentoring, access to investors and corporates, and many other opportunities as part of the EIC community.
Learn more about the EIC Accelerator.
Skyfora wants to congratulate all the successful proposals listed here.
Skyfora is a weather intelligence company based in Helsinki, Finland. Its spearhead products, the StreamSonde – world’s lightest weather sonde and the AI-powered Tropical Storm Tracker software are used by government agencies, research institutes and companies in the re-/insurance sector. The team features a unique combination of expertise in atmospheric science, weather instrument engineering, machine learning, fast start-up growth and international sales. Its investors and funders include Voima Ventures, Icebreaker VC, business angels, Business Finland, the European Space Agency Business Incubation Centre, Copernicus Incubation Programme and IoTForge foundation.
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