OroraTech Secures €25M to Expand Wildfire Detection System

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OroraTech, a German startup specializing in satellite-based wildfire detection, has raised €25 million in a Series B funding round. The company’s innovative technology uses satellites to monitor and detect wildfires in real-time, providing early warnings that can help prevent large-scale disasters. With this new round of funding, led by a consortium of investors, OroraTech aims to scale its operations and improve the precision of its early warning system.

The company’s technology has already proven its value, especially as climate change intensifies the frequency and severity of wildfires worldwide. OroraTech’s solution is designed to be scalable and efficient, offering critical data to firefighting teams and governments for more effective disaster prevention. The new funding will allow the company to expand its network of satellites and integrate more advanced AI capabilities for enhanced data analysis.

Sources:

  1. Tech.eu – Satellite wildfire detector OroraTech raises €25M
  2. The Next Web – OroraTech raises €25M for wildfire detection system