LOGO Affordable and unbiased environmental analytics from space ELEVATOR PITCH: WEO is leveraging openly available data and deep learning algorithms to provide an API to access environmental analytics YEAR FOUNDED: through maps and indicators allowing clients such as municipalities to anticipate climate change impacts by greening the 2020 streets and city spaces. The company provides key metrics that help to identify where the risks of flood and heat wave are located. TEAM SIZE: SECRET SAUCE: 6 WEO has built technology that can take lower resolution satellite imagery and extract high resolution insights for our clients. This enables WEO to use our technology on openly availably satellite imagery which is free to access and regularly available breaking the barriers to entry of using spatial information of costs and frequency. TARGET CUSTOMERS: Underwriters, Sustainability, USE CASES Fund Managers, RELEVANT INDUSTRIES: Insurance, Investment Funds, Municipalities need to adapt to climate change impacts. By using WEO’s maps and indicators they are able to improve their Real Estate, Banks resilience of cities to climate change by understanding where risky hotspots are and mitigating these by implementing more green roofs and vegetated areas. Asset Managers such as railway operators and utility companies need to keep risks to their assets at a minimum. Currently, many of their maintenance strategies involve manual checks in the field to find areas where trees and vegetation are posing risks. By using WEO’s products, clients can track the risk to their assets by receiving vegetation risk maps according that indicate where risks are located and the criticality of the risk in order to target maintenance regimes. WE WANT TO LEARN ABOUT: SUSTAINABILITY What are you specific requirements so that we can target our current product more specifically to the financial services sector
FIL 2023 Cohort Booklet Page 9 Page 11