Climate change is a pressing issue that demands urgent action. As the effects of climate change become increasingly apparent, the need for innovative solutions is more important than ever. In this week’s episode of Found, we had the opportunity to speak with Jonas Torland, Co-founder of 7Analytics, a company based in Bergen, Norway, that is pioneering sustainable risk management through data analysis. Torland’s work focuses on helping construction companies adapt to the challenges posed by climate change, particularly in predicting and mitigating the impact of flooding and landslides.
Key Takeaway
7Analytics, led by Jonas Torland, is revolutionizing sustainable risk management through data analysis. Their data platform enables construction companies to adapt to the challenges of climate change by predicting and mitigating the impact of natural disasters. Despite the unique challenges faced by startups in the adaptation space, their role in fighting climate change is crucial and their contributions are invaluable.
The Power of Data and Sustainable Risk Management
At the heart of 7Analytics’ mission is a powerful data platform that enables the development of tools and products aimed at sustainable risk management. By leveraging advanced data analysis techniques, they are able to accurately predict potential natural disasters such as flooding and landslides. This information is invaluable for construction companies, allowing them to plan and adapt their projects accordingly, minimizing the risks associated with climate change.
Challenges and Opportunities in the Adaptation Space
During the interview, Jonas Torland addressed the unique challenges faced by startups in the adaptation space. Unlike mitigation startups, which focus on preventing or reducing the causes of climate change, adaptation startups like 7Analytics face a different set of obstacles. One major challenge is the difficulty of raising funds, as investors tend to be more attracted to the mitigation side of the equation. However, Torland emphasized the growing importance of adaptation solutions, emphasizing that startups in this space have a crucial role to play in combating climate change.
From Norway to the U.S.: Expanding Horizons
Being a Norwegian company, 7Analytics has successfully established itself in Bergen. However, Jonas Torland discussed the company’s expansion plans, highlighting their ambitions to enter the U.S. market. Expanding into a new market brings its own set of challenges and opportunities. Torland acknowledged the different regulatory environments and cultural contexts that need to be navigated, but also expressed optimism about the vast potential for growth and impact that the U.S. market offers.
The Role of Startups in the Fight Against Climate Change
Startups like 7Analytics are at the forefront of innovation in the fight against climate change. Their commitment to sustainable risk management and their ability to harness the power of data to adapt to the challenges posed by climate change is commendable. Torland’s insights shed light on the important role that startups are playing in addressing the climate crisis and inspiring change on a global scale.
