What does Rainmaker Technology do?
Rainmaker Technology leverages advanced drone technology, numerical weather modeling, and radar algorithms to facilitate precipitation. This technology supports agriculture, maintains water supplies, and stabilizes hydroelectric power, providing innovative solutions in water management.
How much did they raise?
The company secured $25M in its Series A round, with Lowercarbon Capital as the lead investor and participation from Starship Ventures, 1517 Ventures, Long Journey Ventures, Garry Tan, and Naval Ravikant.
What are their plans for the money?
With the funds, Rainmaker Technology intends to expand its operations and further develop its precipitation enhancement technology, which could significantly benefit water resource management and agricultural productivity.
What have they achieved so far?
Under the leadership of CEO Augustus Doricko, the company has successfully integrated advanced technologies in weather modeling and drone deployment to enhance precipitation, marking an important step towards sustainable water and energy solutions.
