Mitiga Solutions
Climate risk intelligence
- 21-100 employees
- B2B
- Artificial Intelligence
- Compliance
- Deep Tech
- SaaS
- Environmental
- Science
- El Poblenou, Barcelona, Spain
Jump to section
Company mission
To make the world more resilient to natural hazards against a changing climate.
Our take
As the threat of climate change-induced disasters increases, so too does the difficulty in accurately assessing the risks and costs to business and property. Mitiga Solutions, a Barcelona-based climate tech firm, aims to prevent natural hazards from transforming into full-blown disasters by equipping its customers with accurate risk predictions.
With a data-heavy, science-based approach, Mitiga predicts climate-driven risks such as wildfires, extreme weather and even volcanoes. This aids insurers, financial institutions, and real estate players in comprehending and mitigating risks effectively. Compared to traditional risk modelling, its AI-assisted approach is more cost-effective despite its heavy use of computing resources, giving it an edge in the market.
Mitiga has raised significant funding that continues to facilitate the expansion of its talent pool and the refinement of its tools, for example with the scaling of its risk models to create a global Climate Score for clients. On top of this, in 2023 it acquired the IP rights of Cervest, a leading cloud-based climate intelligence company, to further solidify its position and support sustainable growth.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Flexible working arrangements
- Work from home or come twice a week to our office
- Half work day on Fridays
- 4 day work weeks during the summer
- Structured feedback and mentorship programs
Funding (last 2 of 6 rounds)
Jun 2024
$8.4m
EARLY VC
May 2023
$13.9m
SERIES A
Total funding: $26.2m
Leadership
Alejandro Marti
(CEO)Chairman of the UN-ITU Focus Group on AI for Natural Hazards (hail and windstorms). Also a Natural Hazard and Risk Analysis Group Leader at the Barcelona Supercomputing Center, and a Board Member at PRACE (Partnership for Advanced Computing in Europe). Previously a Climate Researcher at the University of Exeter.
Mauricio Hanzich
(CTO)Currently a High-Performance Software Engineering Team Leader at the Barcelona Supercomputing Center. Also a Module Coordinator and Teacher at the Escoles Universitaries Gimbernat i Tomas Cerdà.