Resilience AI Raises $1Mn Funding From Kalaari Capital, Java Capital

Resilience AI, a climate tech company has raised $1 million in seed funding. The round was led by Kalaari Capital's CXXO initiative, which supports women-led ventures, with additional backing from Java Capital.

Utilisation of Fund

Resilience AI will use the new funding to enhance its flagship product, Resilience360, which provides complete climate risk management solutions for businesses and governments. The company will also focus on expanding its technology, targeting key areas like supply chain resilience, ESG compliance, and physical risk assessments for the banking and financial sectors.

Read also-  Edtech Startup Edept Raises $1 Million In Seed Round Funding

Samhita R,  Founder of Resilience AI, said, “The frequency and magnitude of extreme climate events have quadrupled over the past four decades, and conventional disaster response mechanisms are no longer sufficient. Resilience AI was born out of a need for accurate, proactive, and actionable climate risk management tools that empower organisations to take timely action. The cost of inaction is far greater than the cost of preparedness.”

Vani Kola, Managing Director at Kalaari Capital, said, “Resilience AI is pioneering a new era in climate mitigation and adaptation, equipping organisations with tools to navigate the complexities of climate change. With $118B in uninsured losses in 2023 alone, bridging the climate protection gap and forecasting climate patterns are critical to building resilience in our built environment.”

Bhargavi V, Founding Partner, Java Capital, said, “We are excited to back Resilience AI as they address one of the most critical challenges faced by cities and businesses today—climate resilience. By combining hyperlocal data with AI,they empower organizations to proactively plan for and mitigate climate risks. With a founding team of industry veterans, we believe Resilience AI is poised to make a significant impact in the climate resilience space.”

About Resilience AI

Founded in 2023 by Samhita R, Sundeep Reddy Mallu, and Anshu Sharma, the climate tech startup helps businesses tackle climate challenges with proactive solutions. Resilience360 uses machine learning and climate analytics to provide tools like hyperlocal risk maps, automated risk assessments, and climate action plans that align with sustainability standards. It helps companies prepare for and adapt to severe climate events.

The platform provides hyperlocal climate diagnostics, structured climate reporting, and digital climate action plans to help businesses and governments prepare for and reduce the impact of extreme events like heatwaves, floods, cyclones, and earthquakes.

Startup Funding News: Your Gateway to Every Funding Update.

Latest Startup News: Stay updated with the latest startup news and trends. Your go-to source for startup ecosystem updates.

Startup Stories: Discover inspiring tales of startups overcoming challenges and achieving success.