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Princeton Climate Analytics
United States
02 Feb 2017 (8 Years)
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From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
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Get to know Princeton Climate Analytics
Company Information
Get to know Princeton Climate Analytics
PCA is a global leader in weather and climate information services, revolutionizing the quality and optimization of weather, water, and climate data. It is active in InsureTech, AgTech, government and other major global markets. In early 2017, Princeton University Executive-in-Residence Joe Studholme met Eric Wood, the Susan Dod Brown Professor of Civil and Environmental Engineering at the University. After determining that there was a strong market need for improved climate data products, they founded the company with Professor Justin Sheffield. They worked with Princeton University’s Office of Technology and Licensing to define, patent, and license the University’s IP for the exclusive commercial use of Princeton Climate Analytics, Inc. Once the license was in place in late 2017, key data science and technology team joined the company and began rapid commercial development and deployment of the Princeton Hydrological Engine (PHE). PCA’s first customers included the World Bank, the InterAmerican Development Bank, the EU/Copernicus Project and others as the company delivered the first in a series of high-quality climate data and analysis products. The company supports ongoing research via its PCA Labs division, which continues to produce the world’s most advanced, scientifically validated hydrology data and analysis products. Additionally, the company continues its commitment to serving underdeveloped communities by providing pro-bono data analysis, tools, monitoring and support to agricultural users in Africa via its ongoing UNESCO partnership.
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