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Reask plans US and model coverage expansion, additional funding raised

Reask, a tech company that provides catastrophe modelling, climate analytics and data using machine learning techniques and artificial intelligence, is set to expand to the United States and will use the now $6.55 million seed funding it has accumulated, as it looks to expand its extreme weather modelling services.

Reask has raised another $4.6 million in funding recently, in a round co-led by Mastry Ventures and Collaborative Fund, with participation from Machdoch Ventures and existing pre-seed investor Tencent, alongside pre-seed investors SV Angel and Hawktail.

Reask continues to have a key focus on tropical cyclone risks, but its ambition is to enable the calculation of the severity and frequency of extreme weather events anywhere on earth.

FULL ORIGINAL PUBLICATION HERE

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