– Parametric insurance marketplace, connects weather exposed agricultural entities with capital providers like insurers and asset managers
– Leveraging objective data from satellites and weather stations
– A weather immunity marketplace powered by blockchain. It includes solutions for weather, crops, energy and marine
– Recently provided the backing for a new crop yield cover
– Works across agriculture, energy, maritime and hospitality

Novee AI Raises £1.6M to Build Intelligence Layer for Commercial and Specialty Underwriting
Novee AI, a London-based insurtech startup, has secured £1.6 million in pre-seed funding to develop its AI-powered risk assessment platform for commercial and specialty insurance. The round was led by early-stage B2B SaaS investor 42Cap, with additional backing from Insurtech Gateway, a prominent investor in insurance technology.