Tomorrow.io tops up Series F to $210M with Pitango and Harel backing
What's the deal? Tomorrow.io, the weather intelligence company, has expanded its Series F round to $210M with additional investment from Pitango and Harel Insurance. The company, which builds AI-native weather forecasting technology, had previously announced $175M in financing to deploy DeepSky — billed as the world's first AI-native weather satellite constellation.
Why now? The expansion comes as Tomorrow.io pushes ahead with its DeepSky satellite constellation, a capital-intensive effort that demands significant funding. Growing demand for precise, AI-driven weather data across industries like insurance, logistics, and aviation likely made the case for topping up the round.
What could go wrong? Deploying a proprietary satellite constellation is expensive and technically complex. Hardware delays, launch failures, or slower-than-expected customer adoption could strain the company's runway — even with $210M in the bank.
The signal: The deal reflects two converging trends: the commercialisation of space infrastructure and the integration of AI into physical-world data systems. Insurance firms like Harel backing a weather intelligence company signals that climate risk is becoming a core concern for financial institutions — and that better forecasting tools are no longer a nice-to-have.
Read more: tomorrow.io
