Jua, an AI-driven weather forecasting and earth simulation company based in Zurich, has secured €10M in a Series A funding round co-led by Ananda Impact Ventures and Future Energy Ventures. The company plans to utilize this funding to expedite the launch of its Earth Intelligence Platform, an advanced tool designed for energy traders to make optimized decisions. Jua's proprietary EPT-2.0 model has shown superior performance compared to traditional systems and those developed by major tech firms. Additionally, Marvin Gabler has been appointed as the new CEO, succeeding Andreas Brenner.
"Jua is building one of the most important technological foundations for our planet's future. The team combines world-class talent in AI and Earth science with the technical depth to execute at scale."
"Jua is not just improving forecasts; they are redefining what's possible. They're establishing themselves as a category leader in foundational models of the natural world, exactly the kind of innovation needed to accelerate the energy transition."
"Jua's EPT-2.0 AI model processes large amounts of data to simulate real-world conditions and predict outcomes in areas like weather, energy markets, and supply-demand trends."
"With our Earth Intelligence Platform, we aim to help energy traders make quicker and more effective decisions by modeling how natural systems operate."
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