Ignitia Weather Forecasting Service secures $1.1 million Series A funding

Ignitia, a weather forecasting startup, has announced that that it has officially secured a $1.1 million in funding at the end of its Series A.

The company announced in an official statement that it has closed its investment round of 1.1 million USD, at the valuation of 11 million USD.

“Ignitia’s mission is to provide accurate weather forecasts that help farmers make better-informed decisions to improve their farming practices, thus increasing their yields and maximizing their profits to play a key part in stabilizing the value chain as a whole,” the statement read.

The company further announced that it has received financial backing from three investors – Hack VC, with FINCA Ventures and the Norrsken Foundation.