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WeatherXM
Community-powered Web 3.0 weather network
- 21-100 employees
- B2C
- B2B
- Cryptocurrency
- Big data
- Deep Tech
- Internet of Things
- Machine Learning
- Web 3.0
- Central Athens Regional Unit, Athens
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Company mission
To bring about a paradigm shift in weather data collection and positively impact the planet and the lives of millions of people on it.
Our take
WeatherXM, formerly EXMachina, sells personal weather stations that enable community members to monitor weather data, and earn crypto rewards for collecting and validating this data, which it then provides to Web 3.0 enterprises. The company claims that this will increase the accuracy of forecasts for areas of the world which lack weather infrastructure.
The company has received good levels of funding that will enable it to bring the project out of beta, as well as move its token rewards from the Polygon testnet onto the mainnet. While it is not the only company to be exploring a decentralized IoT business model, it is certainly one of few, and its early exploration into this emerging side of the market will put WeatherXM in good stead if the practice is to catch on.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Private health care plan
- Stock option incentive plan based on seniority
- Remote working & flexible hours is a standard, not an exception
- Extra vacation days
- Meaningful work, great career development opportunities with exceptional new offices, and an esteemed environment & culture
- Possibility to visit global meetups and conferences offering hands-on training courses on Web3 technologies
- Free weather data mining station and the finest specialty coffee
Funding (1 round)
Dec 2021
$1m
SEED
Total funding: $1m
This company has top investors
Leadership
Manolis Nikiforakis
(CEO)Former IoT Consultant at Protium.digital. Co-founded Plegma Labs, where they worked as CTO.
Stratos Theodorou
(Head of Engineering)Former Lead Android Developer at Globo Mobile. Co-founded OpenCanvas.
Nikos Tsiligaridis
(CTO)Experience developing applications, IoT hardware and software.