Daily Mail and General Trust has sold shares in the weather and agricultural data platform as part of a series C round of undisclosed size.
India-based environmental data platform Skymet has received an undisclosed amount in series C funding from German public-private partnership InsuResilience Investment Fund as media group Daily Mail and General Trust (DMGT) sold shares, LiveMint reported yesterday.
DMGT and another Skymet investor, impact venture capital fund Omnivore Capital, sold shares to InsuResilience in the round.
Founded in 2003, Skymet has built a network of 3,500 automatic weather stations that can source information on climate, crops and dangerous weather conditions for business customers.
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