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Jua
AI for weather-dependent energy trading
- 21-100 employees
- B2B
- Artificial Intelligence
- Enterprise
- Energy
- Deep Tech
- Machine Learning
- SaaS
- API
- Freienbach, SZ
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Company mission
To achieve artificial general intelligence (AGI) through a deep exploration of physics, the universe, and their interaction with the human civilisation.
Our take
Climate change and complex geopolitics are demanding better forecasting tools for industries reliant on the physical world. Enter Jua, a Swiss startup building a "large physics model" to tackle this challenge.
Believing current AI models like GraphCast and Pangu aren't powerful enough, Jua provides a larger model, incorporating satellite imagery and topography, aiming to predict not just the weather but various natural occurrences. This end-to-end system promises not only higher accuracy but also lower operational costs thanks to its efficient design.
Though in its early stages, Jua has raised substantial funding, with investors drawn to its potential to become a foundational model for understanding the physical world. Initially targeting the energy industry, the company has plans to explore the agriculture, insurance, transportation and government sectors in the future.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Meaningful work - work on and evolve the state-of-the-art in machine learning to change how we think about the weather and climate
- Serious equity - participate in Jua's long term success
- Time off - Jua offers a minimum of 25 days paid vacation as well as observed holidays by country
- Tools - you’ll receive all new equipment including a laptop, monitor, and any other accessories you need to do your best work with your generous home office allowance
- Company retreats - we hold team retreats twice a year! Past trips have been to Paris, France and St.Moritz, Switzerland
- Lunch on us - every other Wednesday we have Game Hour in which we come together to #play and enjoy a free lunch
Company values
- Product-led - We prioritise our products to acquire and retain customers, drive growth, and shape our organisational priorities
- Radical candor - We care personally and challenge directly, fostering respectful and honest communication
- Fast decisions - We make methodical irreversible decisions and agile reversible decisions, ensuring timely and informed choices
- Factfulness - We rely on strong supporting facts and data to settle debates and make informed decisions, while acknowledging the value of relevant experience and occasional reliance on opinions or intuition
Funding (2 rounds)
Feb 2024
$16m
SEED
Oct 2022
$2.5m
SEED
Total funding: $18.5m
Leadership
Andreas Brenner
(CEO)Previously co-founded Avrios International where they served as the CEO from 2015-2021. They also have experience as the Advisor to the CEO at CleanHub, where they now serve as a Founding Investor.
Marvin Gabler
(CSO)Previously co-founded The Green Box. They also worked at Q.met for over 3 years in Business Development and as the Head of Research and Development.