After breakthrough testing in Alaska and with backing from Lowercarbon Capital, Upfront Ventures, and others, founder Augustus Doricko is ready to take his drones to more places. Rainmaker, the weather modification startup focused on generating rain and snow through cloud seeding, announced today that it has raised $100 million in Series B funding. Investors including NOA VC, Upfront Ventures, DCVC, Lowercarbon Capital, and Dream Ventures participated in the round.
Can cloud seeding fight drought? Startup Rainmaker just raised $100 million to find out
Why This Matters
Rainmaker's massive $100 million raise signals growing investor confidence that technology-driven weather modification could become a viable tool for addressing water scarcity amid worsening droughts. As climate change strains freshwater supplies globally, startups like this could reshape how governments and industries approach resource management, though the science and scalability of cloud seeding remain unproven at large scale.
Key Takeaways
- Rainmaker raised $100 million in Series B funding from investors including Lowercarbon Capital, Upfront Ventures, and DCVC.
- The startup uses drones for cloud seeding to generate rain and snow, with recent breakthrough testing conducted in Alaska.
- The funding will help founder Augustus Doricko expand the technology's deployment to additional locations.
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