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Billionaire Tom Steyer Bets on Weather Stations to Battle Climate

Steyer’s firm Galvanize leads $40-million investment in Arable

Arable makes solar-powered weather stations that help farms utilize resources such as water and fertilizer.

Arable makes solar-powered weather stations that help farms utilize resources such as water and fertilizer.

Source: Arable

Solar-powered weather stations that beam real-time information to farmers are the first investment for Galvanize Climate Solutions, the firm launched last year by billionaire Tom Steyer and Katie Hall to battle climate change.

Galvanize led a $40-million funding round for San Francisco-based Arable, whose weather equipment gives farmers information on how much sunlight and water crops are getting, and can help optimize when to irrigate or fertilize. Such visibility is becoming increasingly important amid tight on-farm labor and with drought shrinking water reserves. At the same time, Russia’s invasion of Ukraine has helped send prices for fertilizer and crops such as wheat to the highest ever.