Hyperlocal weather forecasting platform mistEO raises Rs.18-Cr led by MGF Kavachh

Thiruvananthapuram-based mistEO has raised INR 18-Cr in a seed funding round led by MGF Kavachh, with participation from Seafund and other investors.Founded in 2019, the firm provides a climate decision intelligence platform that translates hyperlocal weather forecasts into actionable risk assessments for financial institutions, insurers, and agri-value chains. It integrates satellite, radar, Internet of Things, geospatial, and ground-sensor data to assist with climate resilience. The firm’s applications include livestock early-warning systems, weather-parametric insurance stacks, and thunderstorm nowcasting models developed for defence and mobility sectors.The company plans to use the new funds to scale its operations across India and Asia, deepen its forecasting and risk models, expand its team, and build new partnerships.