Sunairio, a Baltimore, MD-based climate and energy analytics startup, raised $6.4m in funding.
The round, which brought the total amount raised to date to $8.8M, was led by Buoyant Ventures, alongside Constellation Technology Ventures and MassMutual Ventures’ Climate Tech Fund, with additional participation from Rosecliff Ventures and existing investors.
The company intends to use the funds to grow its team and expand the availability of its new climate simulation technology.
Founded by Rob Cirincione, an energy trading veteran, Sunairio leverages high-resolution climate data for renewables investors, energy traders, and utilities to simulate energy asset risk and grid variability. The software platform leverages high-resolution historical climate data and high-resolution future climate simulation for energy investment, planning, and portfolio management.
Sunairio was awarded an NSF Small Business Innovation Research grant for its energy-industry-focused climate simulation technology in 2024.
FinSMEs
24/12/2024