mistEO raises Rs 18 crore seed round for AI weather and climate risk forecasting

Indian climate intelligence startup mistEO has raised Rs 18 crore (about $2 million) in a seed round led by MGF-Kavachh, with Seafund and other investors taking part, exchange4media reports. The round was announced at the HUDDLE GLOBAL 2026 startup event in Kerala.

Founded in 2019 by Samuel John and Ambarish Narayanan, mistEO builds AI and machine learning tools that turn weather and climate data into risk information for businesses and financial institutions. Its platform combines satellite, radar, Internet of Things and ground sensor data, and its proprietary forecasting model, Indra, makes predictions at a resolution of three kilometres. The company works with NABARD and the UNDP on a climate resilient agriculture programme, and with the Indian Air Force on a thunderstorm nowcasting model under the iDEX defence innovation programme.

The money will go into its Climate Decision Intelligence platform, better forecasting models, a larger team and expansion across Asian markets. Incubated at Social Alpha, mistEO is based in Thiruvananthapuram and has an office in Melbourne, where it runs a livestock early warning system for cattle farmers.