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Databourg Systems: Real-time rainfall intelligence from satellite data for businesses in agriculture, transport, insurance, and climate resilience.
Based in Luxembourg City, Databourg Systems provides real-time rainfall intelligence and weather monitoring services by repurposing existing telecommunication satellite signals with artificial intelligence and proprietary algorithms. The enterprise delivers highly localized climate data to businesses, communities, and government institutions operating across the agriculture, transportation, insurance, and climate resilience sectors. Backed by lead investor Asian Development Bank Ventures, the company recently closed a one million dollar seed funding and research grant round to support its global expansion into underdeveloped regions in Asia. This low-cost monitoring technology is currently deployed across multiple international markets, including France, New Zealand, Indonesia, and the Philippines, where it established a strategic partnership with Komunidad. Ahmad Gharanjik and Julian Krebs originally founded the business in 2017 as an official spin-off from the University of Luxembourg to provide critical weather forecasting infrastructure worldwide.
Databourg Systems has raised $1.0M across 1 funding round.
Databourg Systems has raised $1.0M in total across 1 funding round.
Databourg Systems has raised $1.0M in total across 1 funding round.
Databourg Systems's investors include Jieying Shi.
Databourg Systems has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in December 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2023 | $1.0M Seed | Jieying Shi |