Mitiga Solutions

From science to climate risk decisions in seconds

Barcelona, Spain · Founded 2018 · $26.1M raised

Headquarters
Barcelona
Employees
51–200
Founded
2018
Business Model
B2B
Total Funding
$26.1M
Last Round
$9.3M Extension RoundJun 2024
Rounds
3

About

Mitiga Solutions is a climate risk intelligence company founded in 2018 and headquartered in Barcelona, Spain, spun out of Spain's National Supercomputing Centre (BSC) with over two decades of peer-reviewed climate science research. The company's flagship SaaS platform, EarthScan, enables organizations to quantify and disclose their exposure to physical climate hazards — including floods, heat stress, wildfires, wind, drought, and water stress — at the individual asset level, with climate projections extending from 1970 to 2100 in five-year increments. Mitiga's proprietary Signals Engine merges global (CMIP6) and regional (CORDEX) climate datasets with Bayesian modelling and high-performance computing to deliver defensible, science-grade risk ratings and financial metrics for portfolios of any scale. EarthScan Disclose automates regulatory reporting aligned with CSRD (ESRS E1), IFRS S2, TCFD, EU Taxonomy, and SB 261 frameworks, reducing disclosure preparation time by up to 87%. The platform is used by global insurers, asset managers, infrastructure developers, banks, and sustainability consultancies in over 180 countries. Mitiga is backed by Kibo Ventures, Microsoft Climate Innovation Fund, Nationwide Ventures, Telefónica, CREAS Impacto, and Faber, and has been certified as a B Corporation.

Summary

Mitiga Solutions is a Climate Tech company based in Barcelona, Spain, founded in 2018. It has raised $26.1M in total across 3 rounds, most recently a $9.3M Extension Round round in Jun 2024. Investors include Kibo Ventures, Elaia and EIC Accelerator.

Tech & App Stack

3 technologies & apps tracked

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Funding History

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Extension RoundExtension RoundJun 2024
$9.3M

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Investors

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