Tomorrow.io announced it has raised a $175 million equity financing led by Stonecourt Capital and HarbourVest Partners to accelerate deployment of DeepSky, which the company describes as the world’s first AI-native weather satellite constellation. The Boston-based company said the capital will support rapid expansion of its space infrastructure and intelligence platform, aimed at increasing global atmospheric sensing and improving decision-making for enterprise and public-sector users.
The company said the financing builds on what it characterized as a proven execution track record, including completion of the full deployment of its first constellation. Tomorrow.io said it has launched 13 satellites, reaching a 60-minute global revisit rate, and has scaled an AI-driven intelligence platform used across aviation, logistics, energy, insurance, and the public sector.
Tomorrow.io positioned DeepSky as a response to limitations it sees in legacy satellite infrastructure, arguing that forecasting performance is increasingly constrained by observation density, diversity, and timeliness rather than algorithms. The company said DeepSky is designed as a proliferated low Earth orbit constellation of multi-sensor satellites intended to increase revisit rates, expand coverage in data-sparse regions, and enable faster refresh cycles for global and regional forecast models.
The company said its weather intelligence is already in use by more than 250 organizations worldwide, with applications spanning supply chain optimization, infrastructure resilience, early warning systems, and climate adaptation. Tomorrow.io also emphasized what it described as dual commercial and societal benefits, citing stronger disaster response, preparedness, and long-term risk planning as potential outcomes from higher-frequency atmospheric data.
Goldman Sachs & Co. LLC served as exclusive financial advisor on the financing, and Goodwin Procter LLP served as legal counsel, the company said. Tomorrow.io also noted existing investors including Square Peg, Canaan, Activate, Pitango, ClearVision, and Fontinalis.
KEY QUOTES
“We first invested in Tomorrow.io in 2021, when the company was still in the early stages of building its space strategy. From the beginning, we believed in the team’s vision, technical depth, and ability to execute. Over the past several years, Tomorrow.io has consistently delivered against that vision, and we are proud to deepen our partnership and support the company as it continues to build a category-defining platform.”
Eric Gribetz, Managing Director, Stonecourt Capital
“Tomorrow.io represents a rare combination of differentiated technology, real commercial traction, global positive impact, and a management team that has consistently executed against an ambitious vision. We believe the company is uniquely positioned at the intersection of space, data, and critical decision-making, and we are excited to partner with Shimon, Itai, Rei, and the team as they scale the business into its next phase of growth.”
Peter Lipson, Managing Director, HarbourVest Partners
“Operational resilience now depends on treating atmospheric data with the same rigor as any other mission-critical infrastructure,” said Nikhil Ahuja, Senior Director, Planning and Supply Chain at Amazon. “The advancement in sensing and rapid refresh frequency DeepSky enables creates a new class of AI-driven decision systems that are more adaptive and localized. This evolution will define the future of the world’s largest-scale operations.”
Nikhil Ahuja, Senior Director, Planning And Supply Chain, Amazon
“Modern supply chains can no longer rely on static planning or historical averages. True resilience comes from continuously sensing operating conditions and translating that intelligence into network-wide decisions,” said Matt Garland, CTO at BNSF. “DeepSky represents a meaningful step toward defining a new category of what is possible as agentic AI becomes a critical part of planning and creating a unified operational picture.”
Matt Garland, CTO, BNSF
“Weather is one of the most powerful forces shaping our world – it affects lives, economies, and national security every single day. Tomorrow.io was built with the belief that if we could fundamentally change how the planet is observed, we could change how decisions are made at every level”, said Shimon Elkabetz, CEO and Co-Founder. “DeepSky represents the next chapter of that mission. By combining AI-native space infrastructure with real-time intelligence, we are building the most impactful weather technology platform in the world – one designed not just to forecast the future, but to help governments, industries, and communities act on it.”
Shimon Elkabetz, CEO And Co-Founder, Tomorrow.io
“Tomorrow.io has consistently executed on a bold, long-term vision. We’re excited to see HarbourVest join alongside Stonecourt as the company scales its platform and expands its impact globally. This is a meaningful milestone for the team and the business.”
Philippe Schwartz, Partner, Square Peg