Climpact-Metnext
Operational tools and services to measure weather impacts on economic activity.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 284 % | 61 % | 18 % | (13 %) | (10 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (20 %) | (237 %) | (6 %) | 2 % | 5 % | 2 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Climpact-Metnext provided climate data analysis solutions designed to evaluate and quantify the impact of weather and climate variations on business activities. The firm was positioned in the climate business intelligence sector, catering to weather-sensitive industries by transforming meteorological data into a competitive advantage.
The company's history began with the founding of Climpact in Paris in 2003 by climatologist Harilaos Loukos. Loukos, who has a background in climate research, conceptualized the business after observing the significant impact of climatic events on the insurance industry in the United States. A separate entity, Metnext, was established in 2007 as a subsidiary of Météo-France and CDC Climat. In a strategic move to create a European market leader, Climpact and Metnext merged in December 2012. Harilaos Loukos assumed the role of president for the newly formed Climpact-Metnext. The journey of the combined entity concluded with its acquisition by the Japanese firm Weathernews in 2017.
The core of Climpact-Metnext's business was to help companies analyze, anticipate, and quantify the effects of weather on their operations. The business model was centered on providing weather-economic indices and decision-making tools, which were accessible to clients via a SaaS platform. These services enabled clients in sectors like consumer goods, energy, and insurance to optimize operations, adjust marketing strategies, and manage risks associated with weather variability. For instance, the company served major corporations such as Nestlé, Coca-Cola, Unilever, and Bonduelle by providing predictive sales analytics based on weather fluctuations, thereby helping them to avoid stock shortages or waste. In the energy sector, its tools were used for forecasting consumption and production.
Keywords: climate business intelligence, weather impact analysis, climate data solutions, weather risk management, predictive sales analytics, meteorological data, weather-sensitive industries, SaaS, economic climate indices, operational forecasting, agricultural climate services, energy consumption forecast, insurance risk analysis, consumer goods analytics, Climpact, Metnext, Harilaos Loukos, Weathernews, Météo-France