Google buys Israeli climate tech start-up BreezoMeter for over USD 200 million

Categories: Hi-Tech

Google is buying Israeli climate tech start-up BreezoMeter for a fee estimated to be around USD 200 million.

The Israeli start-up aims to monitor air quality and improve people’s health by using atmospheric data that is acquired through multiple sensing stations, AI, and machine-learning algorithms.

Co-founded in 2014 by environmental engineer CEO Ran Korber and CTO Emil Fisher, BreezoMeter raised a USD 30 million Series C funding round in June of 2021, taking its total funding to USD 45 million.

Other Israeli start-ups have been acquired by Google, such as, Alooma which was acquired for USD 150 million and, of course, Waze, which was acquired for nearly a billion dollars. Siemplify joins that exclusive list, as it was just acquired for USD 500 million.

The system developed by BreezoMeter collects relevant data from the environment – with the help of stations deployed around the world– and using algorithms it manages to predict environmental hazards related to air quality, such as air pollution, pollen, and fires, and their effect on health.

Greenberg Traurig acts for BreezoMeter, led by shareholder Meira Schulman Ferziger on all employment matters.

GT – Greenberg Traurig P.A.

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