Zurich-based startup Jua, creator of the “world’s most superior AI-based Earth simulation“, introduced in the present day the shut of its €10 million Sequence A funding spherical to speed up the business rollout of their Earth Intelligence Platform, a call engine that helps vitality merchants make choices by simulating how the bodily world behaves.
The spherical was co-led by Ananda Influence Ventures and Future Vitality Ventures, with continued help from current buyers together with 468 Capital, Promus Ventures, and others.
Marvin Gabler, CEO & Co-Founding father of Jua, shared with EU-Startups his hopes for the way forward for the corporate: “With €10 million secured, we’re scaling the muse for planetary intelligence, and it’s occurring right here in Europe. Constructing on ECMWF’s scientific legacy, Jua is proving that Europe can lead in constructing essentially the most superior AI programs for the true world.”
Based in Zurich in 2022, Jua’s mission is to construct the world’s most superior foundational AI mannequin for the pure world. Combining deep experience in physics-simulating AI, local weather modeling, and vitality programs, the staff noticed an pressing want: local weather volatility and geopolitical instability had been outpacing the capabilities of current planning instruments.
Powered by Jua’s proprietary EPT-2.0 AI mannequin, a Giant Physics Mannequin educated on petabytes of knowledge, the platform delivers unparalleled forecasting efficiency throughout climate, vitality markets, and supply-demand dynamics. In line with the corporate, in third-party benchmarks, EPT-2.0 considerably outperforms conventional numerical climate fashions (like ECMWF’s ensemble) and AI fashions from large tech companies, together with DeepMind’s GraphCast, Nvidia’s Earth-2, and Microsoft’s Aurora.
“Jua is constructing probably the most essential technological foundations for our planet’s future,” stated Florian Erber, Common Companion at Ananda Influence Ventures. “The staff combines world-class expertise in AI and Earth science with the technical depth to execute at scale. We put money into ventures with deep, systemic affect: Jua is a standout instance.”
Correct climate forecasting is important for sectors like vitality, agriculture, aviation, and transport, impacting lives, infrastructure, and economies. But, Jua says that conventional forecasting nonetheless depends on fragmented fashions and knowledgeable interpretation. As excessive climate intensifies and predictability declines, a brand new method for the AI period is required.
Jua’s AI-based Earth simulation marks a basic shift, shifting from fragmented guesswork to a single, constant, physics-simulating platform that allows quicker, extra dependable decision-making throughout sectors.
Alongside the increase, Marvin Gabler, Co-founder and architect of EPT-2.0, has been appointed CEO, taking up from Andreas Brenner, who led the corporate since its founding in 2022. Below Gabler’s management, Jua will deal with scaling its platform throughout the vitality sector and increasing its capabilities into new markets.
“Jua is not only bettering forecasts; they’re redefining what’s attainable,” added Jan Palasinski, Companion at Future Vitality Ventures. “They’re establishing themselves as a class chief in foundational fashions of the pure world, precisely the sort of innovation wanted to speed up the vitality transition.”
Jua beforehand raised €14 million in its 2024 Seed spherical. Notable backers of Jua embody Siraj Khaliq (Founding father of The Local weather Company), Mehdi Ghiassani (former Head of Product at DeepMind), Ola Torudbakken (Director of AI Techniques at Meta), 468 Capital, Inexperienced Technology Fund, and Promus Ventures.
“With our Earth Intelligence Platform, we’ve turned the world’s most superior Earth simulation right into a sensible resolution engine,” stated Gabler. “This can be a foundational step towards mastering our planetary future.”