Aussie startup FloodMapp raises $1.3 million for tech reducing “catastrophic” impact of flooding
Brisbane startup FloodMapp has raised $1.3 million, as it looks to take its flood-prediction tech to the rest of Australia, and into hurricane-prone areas of the US.
The funding comes from several VC firms, including Allectus Capital, Transition Level Investments, Jelix Ventures and Mercurian, as well as from a number of individual investors, including muru-D.
Founded by Juliette Murphy and Ryan Prosser, FloodMapp combines big data analytics and machine learning techniques with traditional hydrology and hydraulic modelling approaches.
The tech measures river height and rainfall data in real-time, and uses underlying elevation and topography to predict how and where water will flow over the land, Murphy tells StartupSmart.
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