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German startup OroraTech raises €25M to scale wildfire early warning system

Summary by TNW
Munich-based startup OroraTech has secured €25mn in funding to scale up its AI-powered wildfire detection system.  Korys, the investment arm of the Colruyt’s — a Belgian noble family — led the funding round. The EU’s Circular Bioeconomy Fund (ECBF) also chipped in, alongside existing investor Bayern Kapital.  OroraTech will use the fresh funding to fuel the next phase of its growth. The company looks to expand into global markets beyond Europe, …
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WildfiresWildfires
StartupsStartups
Artificial IntelligenceArtificial Intelligence
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