2026-09-26-Sat · Rainmaker

From Issue 55 (2026-09-26) · 8 stories in this issue

05 VC

❯ Rainmaker raises $100 million to expand cloud-seeding research

Technology and limitsRainmaker flies rugged drones into suitable clouds to release silver iodide, which can encourage cloud droplets or ice crystals to form precipitation. The process cannot create clouds from nothing. Measuring incremental rain or snow requires separating seeding effects from precipitation that would have occurred naturally; the company uses planned flight patterns and field measurements to assess its work.

Earlier workFounded in 2023, Rainmaker developed rugged drones that release silver iodide into suitable clouds. Fast Company says it had raised about $50.3 million before this round. The company now combines flight patterns with precipitation measurements to distinguish seeding effects from natural rainfall. It attributes about 145 million gallons of incremental freshwater to its work, including about 19 million gallons in an Alaska test; both are company-reported figures.

The financingFast Company reported that Rainmaker raised a $100 million Series B, with NOA, Upfront Ventures, DCVC, Lowercarbon Capital and Dream Ventures among the investors. The weather-modification company did not disclose its new valuation. It had previously raised about $50.3 million in venture capital.

Industry impactThe funding will support hires in meteorology, machine learning and aerosol chemistry, as well as outside validation. For water-stressed regions, reliable additional water at a workable cost could complement existing management tools. Seeding requires suitable weather and cannot create water from nothing. Buyers ultimately need independent measurements of incremental yield, unit cost and environmental effects rather than a single test result.

▪ SIGNALFunding enthusiasm for water technology is ahead of scaled evidence; independent measurement will determine whether customers can buy it.