Climate Intelligence Startup mistEO Secures Rs 18 Crore in Seed Funding
Climate intelligence startup mistEO, based in Thiruvananthapuram, has successfully secured Rs 18 crore in a seed funding round led by MGF-Kavachh, with contributions from Seafund and other investors. This funding announcement was made during HUDDLE GLOBAL 2026, marking the eighth edition of the event. The startup intends to utilise the funds to enhance its Climate Decision Intelligence (CDI) platform, catering to banks, insurers, and agricultural value chains throughout India and Asia.
About mistEO
Established in 2019 by Samuel John and Ambarish Narayanan, mistEO merges advanced weather modelling techniques with artificial intelligence (AI) and machine learning to translate weather and climate data into practical insights. The Climate Decision Intelligence (CDI) platform integrates data from satellites, radars, Internet of Things (IoT) devices, and ground sensors, allowing financial institutions and businesses to evaluate how weather events impact farms, assets, and loans.
Proprietary Forecasting Model
The company’s unique forecasting model, Indra, delivers weather forecasts at a spatial resolution of 3 km across three specific timeframes: 0-6 hours, 6-24 hours, and 24-48 hours. In addition to this, mistEO develops solutions aimed at various sectors including maritime operations, renewable energy forecasting, logistics, mobility, and monitoring of floods and heavy rainfall.
Collaborations and Initiatives
Within India, the startup collaborates with NABARD and the United Nations Development Programme (UNDP) on the DiCRA initiative, which aims to offer climate resilience data for the agriculture sector. Moreover, in Australia, mistEO’s livestock early warning system assists cattle farmers in preparing for heat stress up to a week in advance. The startup is also engaging with the Indian Air Force to develop a thunderstorm nowcasting model under the iDEX programme, and it is working on creating early warning systems for the Indian Navy.
Future Plans
Incubated at Social Alpha, mistEO has its headquarters in Thiruvananthapuram and also operates an office in Melbourne, Australia. The company has ambitious plans to enhance its forecasting and risk models, grow its team, and forge partnerships across various Asian markets.