StoryFunding
WindBorne raises $37M Series B as its balloon fleet passes 600 aloft
WindBorne raised an oversubscribed $37 million Series B co-led by Khosla Ventures and Galvanize, taking total funding past $62 million. Revenue and the balloon fleet both tripled in a year.
- More than 600 balloons now fly at the same time.
- Other investors: Translink Capital, Biprogy and Lux Capital.
- Money goes to more balloons, WeatherMesh development and more computing.
- Trading firms were early buyers; government demand for its data and forecasts is growing.