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OroraTech, the global leader in wildfire intelligence and risk assessment, has extended its Series B financing round to €37m. The round was led by BNP Paribas Solar Impulse Venture Fund, with participation from Rabo Ventures, and long standing investors Bayern Kapital, Edaphon, and the European Circular Bioeconomy Fund (ECBF).
With ten satellites already in orbit, OroraTech delivers the world’s most persistent and comprehensive thermal data stream, enabling the creation of a wildfire digital twin of the Earth. This dynamic model allows users to understand any wildfire event globally, 24/7, and simulate future fire behavior with unprecedented accuracy. By building both the infrastructure in space and the intelligent data pipelines on Earth, OroraTech is transforming raw thermal data into actionable intelligence.
Martin Langer, CEO & CTO of OroraTech, said: “We are executing on a rare window of opportunity - where our scalable space infrastructure meets breakthrough AI. The backing of two of Europe’s leading banks is a testimony to OroraTech’s position at the forefront of the market, and will further drive our growth as the foundational thermal intelligence provider for many industries and governments worldwide.”
Lucas Guillet, Investment Director at BNP Paribas Solar Impulse Venture Fund, stated: "We are pleased to support OroraTech, which has established a strong reputation in the space industry and wildfire management ecosystem. Their ability to design and operate nano-satellites, as well as interpret complex data, has contributed to the commercial success of their Wildfire Intelligence solution. Our network along with RaboBank offers a promising chance to support solutions that can improve forest protection globally, a mission that aligns perfectly with our fund’s investment thesis.
