FloodMapp raises $1.3 million for tech reducing “catastrophic” impact of flooding
FloodMapp has raised $1.3 million, as it looks to take its flood-prediction tech to the rest of Australia, and into hurricane-prone areas of the US.
The funding comes from several VC firms, including Allectus Capital, Transition Level Investments, Jelix Ventures and Mercurian, as well as from a number of individual investors.
Founded by Juliette Murphy and Ryan Prosser, FloodMapp combines big data analytics and machine learning techniques with traditional hydrology and hydraulic modelling approaches. Read more