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Mitiga Solutions

Founded in 2018, Mitiga Solutions provides climate risk intelligence that combines science, AI, and high-performance computing. We help our customers analyse, report, and act on their business exposure to climate risk through our self-serve platform EarthScan™ and our risk models. Our mission: Make the world a more resilient place under a changing climate. Mitiga is headquartered in Barcelona, Spain, and backed by Kibo Ventures, Microsoft Climate Innovation Fund, Nationwide Ventures, Telefónica, CREAS Impacto, and Faber. If you’d like to find out how we can help your organisation become climate-resilient, contact us at sales@mitigasolutions.com

Growth Trajectory

Mitiga Solutions' growth is indicated by its recent €8M Series A extension funding, focus on AI for weather and atmospheric hazards, and expansion into new markets and verticals. The company aims to help customers in 20 countries build resilience to climate risk while addressing the increasing need for climate risk intelligence and reporting compliance. Their continued investment in science, AI, and HPC suggests a strong trajectory for product development and market expansion.

Technical Challenges

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Key Risks

Reliance on the accuracy of climate models and data, which are subject to inherent uncertainties.
Competition from established risk modeling firms and emerging climate tech companies.
Market adoption challenges in convincing businesses and investors to prioritize climate risk in decision-making.
Keeping pace with evolving climate science and technology advancements.
Data privacy and security risks associated with handling sensitive client data and climate models.

Opportunities

Expanding the EarthScan platform to cover more climate-related risks and hazards.
Developing partnerships with ESG consultants and financial institutions to integrate climate risk intelligence into investment strategies.
Leveraging AI and HPC to improve the accuracy and speed of climate risk modeling.
Offering tailored climate risk solutions for specific industries and geographies.
Capitalizing on the growing demand for climate risk reporting and compliance solutions.
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