Climpact is a spin off from the Institut Pierre Simon Laplace, the leading French research center on climate and is related to several other institutions : CEA, CNRS,Polytechnique, the IRD, the UPMC and the UVSQ. The Company sell past and forecasted climate indexes to quantify the historical financial impact of climate events on businesses and help decision making by anticipating future events. The indexes are established by an in house system combining business data with climate observations and forecasts (daily to six month ahead) from several meteorological centres (European and US). Our clients run businesses with high climate exposure and belong to the food and beverage, financial, insurance and re insurance, tourism, and retail sectors. The indexes are available through our web based plateform for an annual fee.

Climpact secures € 1M from Elaia Parnters to reinforce its R&D and Professional Services teams, increase its sales in France and prepare for European deployment. Proceeds from this A round will also allow the extension of Climpact’s offering to the financial sector, with indices targeted for asset managers and financial analysts.

Source : Climpact

More information on : www.climpact.com