Climate Alpha Raises $5M in Seed Round Led by Jungle Ventures

Climate Alpha, a Singapore-based AI analytics platform, completes a $5 million seed round led by Jungle Ventures. The funding is part of Jungle Ventures' First Cheque@Jungle program for experienced operators. Climate Alpha plans to enhance financial impact calculations, establish a global resilience fund, and improve data distribution to clients.

Founder Dr. Parag Khanna expresses gratitude for Jungle's investment and outlines ambitious goals, including the utilization of geospatial datasets, constructing a global resilience index, and expanding offerings to investors. The company, founded in 2022, integrates finance, climate modeling, and data science for sustainable investments.

Climate Alpha operates at the intersection of AI, climate, and finance, offering a unique solution for navigating climate volatility. The platform, differentiating itself from emissions-focused firms, attracted early consumers from major pension funds and institutional investors, showcasing its innovative approach to climate change adaptation.

Early support from the Singaporean government and strategic partnerships with asset managers position Climate Alpha for future success. The company focuses on directing investments toward climate-resilient assets by leveraging AI, GIS data, and economic modeling.