Rainmaker raises $100 million for cloud-seeding drones
Rainmaker, a weather-modification startup that seeds clouds to generate rain and snow, has raised $100 million in Series B funding. Its custom drones release silver iodide into clouds; August test flights in Alaska's Kenai Peninsula produced 19 million gallons of precipitation in three hours, and the company ties its flights to 145 million incremental gallons of freshwater.
- $100 million Series B brings total funding to $150.3 million
- Drones release silver iodide to trigger precipitation
- Alaska tests yielded 19 million gallons in three hours
- Company links flights to 145 million gallons of freshwater
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