Kibo Ventures led a €13.25m Series A funding round in Mitiga Solutions.

Kibo Ventures, a venture capital fund investing in early-stage internet and mobile companies, led a €13.25m Series A funding round in Mitiga Solutions, a climate tech startup that uses AI and high-performance computing to improve prevention, resilience and adaptive capacity to climate-related hazards, with participation from Microsoft Climate Innovation Fund, Nationwide Ventures, Faber Ventures, and CREAS Impacto. “We’re on a mission to prevent natural hazards from becoming disasters and push the boundaries of how risks are managed and mitigated. But most importantly, we want to make the world a more resilient and safer place under a changing climate,” Alejandro Martí, Mitiga Solutions CEO and Co-Founder.