Mitiga Solutions provides climate risk intelligence through high-performance computing, AI, and scientific modeling to assess exposure to climate hazards such as flooding, wildfires, and heat stress. Their technology enables businesses to evaluate risks in their asset portfolios and optimize resilience planning, ensuring compliance with regulatory requirements.
Funding
$26M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional risk modeling relies on historical data, failing to account for the increasing frequency and severity of extreme weather events caused by climate change. This makes it difficult for businesses to accurately assess and mitigate risks to their assets and operations.
Solution
Mitiga Solutions offers a SaaS platform, EarthScan, that leverages AI, high-performance computing, and physics-based modeling to provide climate risk intelligence. EarthScan enables companies to analyze, report, and act on their exposure to climate-related hazards such as extreme temperatures, flooding, wildfires, and drought. The platform delivers insights across multiple climate scenarios and time horizons, helping businesses make informed decisions about location planning, due diligence, and resilience planning.
Target Audience
Mitiga Solutions targets businesses with asset management needs, including those in manufacturing, retail, hospitality, real estate, infrastructure investment, financial services, and insurance.
Features
- Multi-hazard risk assessment covering extreme temperatures, flooding, wildfires, extreme wind, drought, and precipitation risk
- High-resolution models incorporating weather, vegetation, and geophysical data
- Climate risk scoring aligned with EU Taxonomy and TCFD reporting requirements
- API for integration into existing risk management systems and workflows
- Customizable alert thresholds and reporting
- Integration of AI and high-performance computing for advanced risk modeling
- Support for multiple climate scenarios and time horizons