Last deal

$75K

Amount

Grant

Stage

31.12.2023

Date

3

all rounds

$801K

Total amount

date founded

Financing round

General

About Company
Benchmark Labs provides asset-specific weather forecasting for the agricultural sector and beyond.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Benchmark

founded date

17.09.2019

Number of employees

Company Type

For Profit

Last funding type

Grant

IPO status

Private

Description

The San Francisco-based company has developed a weather forecasting platform that uses machine learning-based environmental forecasts for specific locations by combining grid level weather data with site-based IoT sensors. The platform delivers asset-specific information for the agricultural sector and beyond, optimizing renewable energy generation and water allocation while reducing spatial basis risk and maximizing financial benefits. The company's goal is to enable the energy and agricultural sector to operate smoothly by providing precise asset-located weather forecasting.
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Christopher Lund
Christopher Lund

Christopher Lund

Prior to Benchmark Labs, Chris served as VP of Product for ClimateAI, VP of Growth for Arable, and as a senior solutions architect with Verizon’s agtech IoT group. He has also served as Director for Decagon Devices’ irrigation management group, and as a research scientist for the NASA-CSUMB SIMS (Satellite Irrigation Management Support) Project, a multi-year collaboration between the California DWR, NASA, and CSU Monterey Bay.

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Carlos Felipe Gaitan Ospina
Carlos Felipe Gaitan Ospina

Carlos Felipe Gaitan Ospina

Dr. Gaitan did his doctoral studies at the University of British Columbia (Vancouver, Canada) working with William Hsieh in machine learning applications in the environmental sciences. He also holds a Bachelor degree in Civil Engineering and a Master degree in Hydrosystems from the Pontificia Universidad Javeriana (Bogota, Colombia). He is a member of the American Meteorological Society’s (AMS) Artificial Intelligence Committee. He previously worked as a VP of Weather Forecasting at Arable Labs and as Research Scientist for the South Central Climate Science Center at the Geophysical Fluid Dynamics Laboratory (GFDL) in Princeton, New Jersey.

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Benchmark Labs

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1

Carlos Felipe Gaitan Ospina

Employee Profiles
3
Christopher Lund

Christopher Lund

CEO

Carlos Felipe Gaitan Ospina

Carlos Felipe Gaitan Ospina

CTO

Ulrik Soderstrom

Head of Business Development

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