– Platform for analyzing, pricing and transferring climate-linked risks at scale.
– Delivers climate-resilience through flagship products, Budget Defender and Precision Markets. The company also offers a weather-related marketing tool, One Perfect Day.
– Tailored recommendations and its data analytics services can be licensed to other companies wanting to build their own custom climate risk management solutions.

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.