Fire detection satellites: Series‑B over € 37 million for OroraTech

Munich — Orora­Tech, the global leader in fire detec­tion and risk assess­ment, has expan­ded its Series B funding round to €37 million. The round was led by BNP Pari­bas Solar Impulse Venture Fund, with parti­ci­pa­tion from Rabo Ventures and long-term inves­tors Bayern Kapi­tal, Edaphon and the Euro­pean Circu­lar Bioe­co­nomy Fund (ECBF).

With ten satel­li­tes alre­ady in orbit, Orora­Tech provi­des the world’s most consis­tent and compre­hen­sive ther­mal data stream, enab­ling the crea­tion of a digi­tal twin of the Earth. This dyna­mic model allows users to under­stand every wild­fire event around the world, around the clock, and simu­late future fire beha­vior with unpre­ce­den­ted accu­racy. By buil­ding both the infra­struc­ture in space and the intel­li­gent data pipe­lines on Earth, Orora­Tech trans­forms raw ther­mal data into actionable information. 

Martin Langer, CEO and CTO of Orora­Tech (photo © Orora­Tech), said: “We are capi­ta­li­zing on a rare oppor­tu­nity where our scalable space infra­struc­ture meets ground-brea­king AI. The back­ing of two of Europe’s leading banks is testa­ment to OroraTech’s posi­tion at the fore­front of the market and will further drive our growth as a foun­da­tio­nal provi­der of ther­mal intel­li­gence to many indus­tries and govern­ments worldwide.” 

Lucas Guil­let, Invest­ment Direc­tor at BNP Pari­bas Solar Impulse Venture Fund, said: “We are deligh­ted to support Orora­Tech, which has built a strong repu­ta­tion in the space indus­try and the wild­fire ecosys­tem. Their ability to deve­lop and operate nano­sa­tel­li­tes and inter­pret complex data has contri­bu­ted to the commer­cial success of their Wild­fire Intel­li­gence solu­tion. Our network toge­ther with Rabo­bank offers a promi­sing oppor­tu­nity to support solu­ti­ons that can improve the protec­tion of forests worldwide.” 

Shis­hir Sinha, Execu­tive Direc­tor Rabo Ventures, commen­ted: “The incre­asing inten­sity and frequency of wild­fi­res poses a signi­fi­cant threat to our planet as they emit billi­ons of tons of CO2 annu­ally, drive biodi­ver­sity loss and impact the over­all resi­li­ence of our ecosys­tems. We at Rabo Ventures are deligh­ted to support Martin and the team at Orora­Tech, who have deve­lo­ped a globally scalable wild­fire detec­tion plat­form that is alre­ady deli­ve­ring value to stake­hol­ders in Austra­lia, Europe and the Americas. 

Last year, Orora­Tech closed almost 100 million euros in contracts and venture capi­tal. This momen­tum unders­cores the company’s posi­tion as a trus­ted provi­der of real-time infor­ma­tion from space. Its inno­va­tive wild­fire manage­ment plat­form, Wild­fire Solu­tion, can assess the risk, detect the outbreak and predict the growth of any wild­fire on Earth. 

About Orora­Tech

Orora­Tech is a global intel­­li­­gence-as-a-service company lever­aging ther­mal data for a sustainable planet. Its wild­fire solu­tion plat­form is based on high-reso­lu­­tion ther­mal data from its proprie­tary and public satel­lite system that provi­des real-time situa­tio­nal aware­ness and trig­gers risk alerts to revo­lu­tio­nize wild­fire intel­li­gence world­wide. The state-of-the-art system detects fires of any size, day or night, and ensu­res timely action. Orora­Tech was foun­ded in 2018 and is head­quar­te­red in Munich with offices in the United States, Austra­lia, Brazil, Canada and Greece. A dedi­ca­ted team of more than 140 experts is commit­ted to deli­ve­ring inno­va­tive solu­ti­ons for a sustainable future. — www.ororatech.com

About the Solar Impulse Venture Fund
The BNP Pari­bas Solar Impulse Venture Fund invests in start-ups and scale-ups with high growth poten­tial that are commit­ted to the green tran­si­tion in order to acce­le­rate their deve­lo­p­ment and scale-up. Target sectors include energy tran­si­tion, sustainable agri­cul­ture and food, circu­lar economy, water and ocean manage­ment, smart cities, sustainable mobi­lity and indus­trial inno­va­tion. The BNP Pari­bas Solar Impulse Venture Fund is mana­ged by the private wealth divi­sion of BNP Pari­bas Asset Manage­ment, the asset manage­ment arm of BNP Paribas. 

About BNP Pari­bas Asset Management
BNP Pari­bas Asset Manage­ment (“BNPP AM”) is the invest­ment arm of BNP Pari­bas, a leading banking group in Europe with an inter­na­tio­nal reach. BNPP AM stri­ves to gene­rate long-term sustainable returns for its clients based on a sustaina­­bi­­lity-driven approach. BNPP AM focu­ses its exper­tise on five core capa­bi­li­ties — Private Assets, High Convic­tion Active Stra­te­gies, Emer­ging Markets, Syste­ma­tic, Quan­ti­ta­tive & Index and Liqui­dity Solu­ti­ons — with invest­ment proces­ses that include quan­ti­ta­tive, ESG and funda­men­tal rese­arch. These capa­bi­li­ties can be combi­ned to create multi-asset solu­ti­ons tail­o­red to our clients’ objec­ti­ves. Sustaina­bi­lity is central to BNPP AM’s stra­tegy and invest­ment philo­so­phy. As one of the leading thema­tic invest­ment compa­nies in Europe1 , BNPP AM aims to contri­bute to a successful energy tran­si­tion, healthy ecosys­tems and grea­ter equa­lity in our socie­ties (our “3Es”).

BNPP AM curr­ently mana­ges EUR 602 billion in assets (EUR 712 billion in assets under manage­ment and advice) and bene­fits from the exper­tise of more than 500 invest­ment profes­sio­nals and around 400 client rela­ti­onship specia­lists serving private, corpo­rate and insti­tu­tio­nal clients in 67 count­ries. (Source: BNPP AM, as of March 31, 2025). — www.bnpparibas-am.com

About Rabo Ventures
Rabo Ventures, part of Rabo­bank, part­ners with compa­nies in the early stages of the value chain to support their growth ambi­ti­ons and enable the neces­sary chan­ges in the global food and agri­cul­ture indus­try. We invest in outstan­ding manage­ment teams that deve­lop solu­ti­ons to real-world problems, with a focus on inno­va­tion and sustaina­bi­lity. With a local presence in more than 30 count­ries, Rabo­bank is a global leader in Food & Agri­cul­ture Banking. As part of Rabobank’s captive invest­ment fran­chise, Rabo Invest­ments, we leverage the bank’s plat­form, know­ledge and network to support and grow your busi­ness while acce­le­ra­ting important change. — www.raboinvestments.com/team/ventures.