Funding

Deeptech Company Mitti Labs Scores $9.5M in Series A Funding

Aug 6, 2026 | By Devin Jacobs

SUMMARY

Mitti Labs raised $9.5 million in Series A funding.
Mitti Labs develops an AI-powered platform for sustainable rice farming.
The funding will expand its platform and grow into new markets.

Mitti Labs, an NYC- and Bengaluru, India-based deep-tech company and provider of a GeoAI satellite platform, has raised $9.5 million in a Series A funding round led by Aramco Ventures, bringing the total to $12.5 million.

The round also saw participation from Lightspeed India, Godrej Industries Group, Cisco Foundation, Francis Family Fund, and Volta Circle.

The company plans to use the capital to expand across India, launch projects in the Philippines and Indonesia, and scale its GeoAI satellite platform for sustainable rice farming.

Funding Snapshot

Metric	Details
Fundraise Amount	$9.5 million
Total Funding	$12.5 million
Valuation	Undisclosed
Company	Mitti Labs
Sector	DeepTech / AgriTech / ClimateTech / GeoAI
Headquarters	New York City & Bengaluru, India
Funding Stage	Series A
Lead Investor	Aramco Ventures

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About Mitti Labs

Founded in 2023 by Xavier Laguarta Soler, Devdut Dalal, Mitti Labs combines satellite technology, AI and field operations to help make rice farming more water- and climate-resilient.

The company's technology generates digital twins of rice fields at the individual-plot level by combining satellite imagery, ground data and physical models. This allows farmers and businesses to monitor agricultural practices and support more sustainable methods of rice cultivation.

Core offerings include:

GeoAI-powered satellite monitoring
Digital twins of rice fields
Field-level agricultural intelligence
Alternate Wetting and Drying (AWD) implementation

Core Technologies / Products / Services

Capability/Product	Application/Use Case
GeoAI Platform	Provides field-level agricultural intelligence
SAR Satellite Data	Enables monitoring of rice fields
Digital Field Twins	Creates detailed digital representations of individual plots
Ground Truth Data	Improves accuracy of satellite-based insights
AWD Programs	Helps reduce water consumption and methane emissions

Leadership Comments

"Growing more rice with less water is one of the world's major challenges. Demand for rice continues to grow, but record heat and changing rainfall patterns are threatening water systems and endangering food security. With our technology and scalable operational model, we can transform how rice is grown, lower emissions and cut water consumption while building resilient livelihoods for 150 million smallholder farmers," said Mitti Labs' co-founder Xavier Laguarta.

"Solving the world's water crisis requires bringing together smallholder farmers, industry stakeholders, governments, and nonprofits to transform how rice is grown. With its unique technology and vast network of farmer-partners, Mitti Labs can unlock new revenue opportunities tied to this transition and help build the future of rice," said Hemant Mohapatra, Partner at Lightspeed India.