Thiruvananthapuram-based climate intelligence startup mistEO has raised ₹18 crore in a Seed funding round. MGF-Kavachh led the round. Seafund and other investors also participated.
Funding details
The round was announced at Huddle Global 2026 in Kovalam. Key Venture advised on the transaction. mistEO will use the capital to scale its Climate Decision Intelligence platform for banks, insurers, and agri-value chains across India and Asia.
Company context
mistEO was founded in 2019 by Samuel John and Ambarish Narayanan. The startup is incubated at Social Alpha and is headquartered in Thiruvananthapuram. It also operates an office in Melbourne, Australia.
How the platform works
mistEO combines weather modeling with artificial intelligence and machine learning. Its Indra forecasting model delivers predictions at a 3 km spatial resolution across three time windows. The startup also develops tools for maritime operations, renewable energy forecasting, logistics, and flood monitoring.
The company plans to strengthen its forecasting and risk models. It also intends to expand its team and build a partnership-led presence across Asia. mistEO already has work underway in Australia and Central Asia.