mistEO Raises ₹18Cr Seed
mistEO raises ₹18 crore in a seed funding round led by MGF-Kavachh to scale its AI-powered climate risk intelligence platform for banks and insurers.
mistEO Raises ₹18Cr Seed
mistEO, a climate and weather intelligence startup based in India, has raised ₹18 crore in a seed funding round. The company specializes in building an AI-powered climate decision intelligence platform designed to help banks, insurers, and agricultural value chains assess and manage weather-related risks.
Investors
The funding round was led by MGF-Kavachh, a SEBI-registered Category II Alternative Investment Fund. Additional participation came from Seafund.
mistEO Use of Funds
mistEO plans to use the capital to scale its flagship climate decision intelligence platform across India and Asia. The company will also use the funds to strengthen its forecasting and risk models, expand its internal team, and build a partnership-led presence across new Asian markets.
About mistEO
mistEO is a climate-tech company that combines physics-based numerical weather modelling with artificial intelligence and machine learning. By integrating data from satellites, radar, IoT, and ground sensors, the startup provides hyperlocal climate risk intelligence. Their product helps clients translate weather patterns into actionable financial decisions for individual assets, farms, or borrowers.
Funding Details
Company Website: https://misteo.co
Company: mistEO
Raised: ₹18Cr
Round: Seed
Funding Date: November 2026
Lead Investor: MGF-Kavachh
Additional Investors: Seafund
Software Category: Climate Tech
Source: https://www.indianstartuptimes.com/investment/misteo-raises-%E2%82%B918-crore-seed-funding-to-scale-ai-powered-climate-risk-intelligence-for-banks-insurers-and-agri-value-chains/