2 years ago

Mitiga Solutions Raises €13 Million to Tackle Climate Change

  • Mitiga Solutions, a climate tech startup based in the UK and Spain, has secured €13 million in Series A funding led by Spanish VC Kibo Ventures

  • The company uses high-performance computing (HPC), artificial intelligence (AI), and scientific expertise to provide climate risk management solutions

  • The funding will be used to accelerate the development and deployment of Mitiga Solutions' technology, and to expand its operations globally.

      • ProblemTechnology

      "Climate change is causing more frequent and severe natural disasters, making it difficult for businesses and governments to accurately assess and manage the risks."

      Solution

      "Mitiga Solutions uses high-performance computing, artificial intelligence, and scientific expertise to build physics-based models that predict the impact of natural disasters. This helps businesses and governments to better understand the risks and take steps to mitigate them."

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