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Climate X
Climate risk intelligence and analytics
- 21-100 employees
- B2B
- Banking
- Analytics
- Real Estate
- SaaS
- API
- Data Analysis
- Environmental
- Product
- London, UK
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Company mission
Climate X's mission is unlocking the power of climate risk data and analytics to build a better future for everyone and everything on our planet.
Our take
Climate Change is one of the most pressing global issues and the UK has already set the way for clean and green growth and established a National Adaptation Programme. Therefore, there has been a rise in Climate-tech companies developed in the UK to address these issues. In comparison to ESG-assessment platforms or climate fintechs focused on cleaner investment and climate mitigation, Climate X aims to change the way the world manages assets, property and infrastructure through a new vertical of climate adaptation software. They are modelling climate effects that are inevitable due to past and current greenhouse gas emissions.
Climate X works through an API which simulates multiple climate projections and then estimates how these climate projections would damage the assets. The platform then quantifies this damage and models the impacts' valuations and cashflows. Its models will update automatically and self-calibrate in response to the latest available scientific data and will be built on a cloud-based architecture for seamless access, secure data exchange and integration.
The future of Climate X is promising, as it is working with the UK’s leading climate scientists, AI specialists, financial services professionals and the London School of Economics. Adding to its strong position, a Series A of $18M awarded in 2024 will be used to grow its market share internationally. If successful, Climate X will save customers millions of pounds, helping individuals and organizations to be more resilient to climate change, meet incoming regulatory requirements and make smarter investment decisions.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Pawternity
- 6 monthly appraisals and 12 monthly pay reviews
- Annual Christmas party and Summer event
- Pension
- Share Options
Company values
- Customer Empathy
- Team & Belonging
- Purposeful Impact
- Deep Diversity
- Empowered Ownership
Funding (last 2 of 3 rounds)
Jun 2024
$18.1m
SERIES A
Mar 2022
$5.3m
SEED
Total funding: $24.8m
This company has top investors
Leadership
Kamil Kluza
(COO & Co-Founder)Kamil leverages over a decade of expertise in climate risk analytics, regulatory compliance, and financial strategy to empower organisations to tackle climate impacts with data insights.
Lukman Ahmed
(CEO & Co-Founder)Over nine years at HSBC, Lukky led risk and transformation initiatives worldwide. As CEO, he's brought 4 years of impact-driven leadership, building climate resilience for global financial services.
People progressing
Aatish joined as a Data Engineer in 2021 and has since become the Director of Engineering, leading and expanding the team with 15 new hires, including new DevOps and Data Engineering functions.
Diversity, Equity & Inclusion at Climate X
Lukky Ahmed (CEO and Co-founder)
- Diversity matters: we’re feeling very strongly about diversity with founders and existing team members coming from a variety of backgrounds. We’re not building just a team but a place of innovation where brains and fun coexist to address the biggest challenge our society is facing now.
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