mistEO raises ₹18 crore for climate decision intelligence
MGF-Kavachh led the seed round to expand mistEO’s forecasting and risk tools across India and Asia.
mistEO has raised ₹18 crore in seed funding led by MGF-Kavachh (MountTech Growth Fund), with participation from Seafund and other investors. The funding was announced at HUDDLE GLOBAL 2026.
The Thiruvananthapuram company combines weather modelling, AI and data from satellites, radar and ground sensors. Its Climate Decision Intelligence platform helps banks, insurers and agricultural businesses assess how weather affects farms, assets and loans.
The investment will support expansion in India and Asia, further development of forecasting and risk models, and recruitment. mistEO also applies its technology to maritime operations, renewable energy, logistics and early warning systems.
Use of funds
Scale Climate Decision Intelligence for finance and agricultural customers in India and Asia
Improve forecasting and risk models
Expand the team and partnerships