Thiruvananthapuram-based climate and weather intelligence startup mistEO has raised ₹18 crore in a seed funding round led by MGF-Kavachh, with participation from Bengaluru-based Seafund and other investors. The funding was announced at HUDDLE GLOBAL 2026, the eighth edition of Kerala’s startup event.
Founded in 2019 by Samuel John and Ambarish Narayanan, mistEO develops artificial intelligence (AI) and machine learning-based solutions that convert weather and climate data into actionable intelligence for businesses, financial institutions and governments.
The company will use the fresh capital to scale its flagship Climate Decision Intelligence (CDI) platform, strengthen its forecasting and climate risk models, expand its team and build partnerships across Asian markets.
Turning Weather Forecasts into Business Intelligence
mistEO’s Climate Decision Intelligence platform combines physics-based weather modelling with AI and machine learning. It integrates data from satellites, radar systems, Internet of Things (IoT) devices and ground-based sensors to assess weather-related risks.
The platform helps banks, insurance companies and agricultural businesses understand how weather conditions could affect individual farms, borrowers, assets and business operations.
At the centre of its technology is Indra, the company’s proprietary weather forecasting model. It provides forecasts at a spatial resolution of three kilometres across three time windows: zero to six hours, six to 24 hours and 24 to 48 hours.
By converting weather forecasts into location-specific risk assessments, mistEO aims to help businesses make timely operational and financial decisions.
Expanding Applications Across Industries
The startup is developing climate intelligence solutions for several sectors, including agriculture, banking, insurance, renewable energy, maritime operations and logistics.
Its planned applications include weather forecasting for ports and maritime operations, solar and wind power generation predictions, weather-based routing for mobility and logistics fleets, and flood and heavy-rainfall monitoring for disaster management.
In India, mistEO works with NABARD and the United Nations Development Programme (UNDP) on the Digital Climate Risk and Agriculture (DiCRA) initiative, which provides climate resilience data for agriculture.
The company has also developed a livestock early-warning system in Australia that alerts cattle farmers to heat-stress conditions up to seven days in advance. In Uzbekistan, it is deploying a weather-based parametric insurance system that uses forecast-based triggers to initiate payouts to livestock and crop farmers.
Supporting Defence and Climate Resilience
mistEO is also developing a thunderstorm nowcasting model for the Indian Air Force under the Innovations for Defence Excellence (iDEX) programme. It is working on early-warning systems for the Indian Navy as well.
The company’s technology is designed to help institutions assess weather-related risks at a more granular level rather than depending on broad regional or national forecasts.
With the latest funding, mistEO plans to strengthen its forecasting capabilities and expand its presence across India and other Asian markets.
The investment highlights growing investor interest in climate technology startups that use AI, data analytics and predictive modelling to address weather-related risks across agriculture, finance and critical infrastructure.
