29 February 2024
Royal HaskoningDHV has sold its stake in Singapore-based Hydroinformatics Institute (H2i) to Pluvia.ai, giving the weather-tech startup full ownership of H2i’s climate-tech product business.
Royal HaskoningDHV and H2i will continue to work together as trusted partners. H2i’s consultancy team and projects will transition to Royal HaskoningDHV, ensuring there is no disruption to clients. H2i will continue to deliver its full suite of water-related digital software solutions to clients, in areas including climate change and urban flood resilience, leveraging Pluvia’s digital solutions to add greater value to its client offerings. The sale will be effective March 1.
Royal HaskoningDHV CEO Marije Hulshof said, “Since we took a share in H2i in 2019, we have delivered many data-driven flood resilience projects to our clients in Asia, and will continue to do so. By jointly deciding to move apart, we are giving H2i the room it needs to quickly develop water-related digital solutions that the region and market requires.”
Martin Lechner, Chairman of Pluvia’s Board of Directors, said: “The streamlining of roles will allow H2i to sharpen its focus on developing and scaling the digital solutions it provides to both the private and public sectors, and to continue to leverage advancements in data science, AI and Machine Learning to improve them.”
As of 1 March, H2i will be a stand-alone company, continuing its focus on digital products that use radar, street-level closed-circuit TV footage, and other technologies. Royal HaskoningDHV will maintain its minority stake in Pluvia, which is also based in Singapore.
About Pluvia.ai
Pluvia has its roots in Singapore’s Hydroinformatics Institute (H2i), the preferred partner of governments and businesses that understand the need for better, actionable weather insights. The company’s proprietary algorithms bring together breakthrough capabilities in Artificial Intelligence, Machine Learning, and forecasting to help businesses across industries plan and respond better to weather-related risks through hyperlocal and dependable intelligence. It currently offers its services in key capital cities, including Singapore, as well as across Southeast Asia.
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