


{"id":56140,"date":"2025-05-14T11:37:53","date_gmt":"2025-05-14T09:37:53","guid":{"rendered":"https:\/\/www.fyb.de\/fire-detection-satellites-series-b-over-e-37-million-for-ororatech\/"},"modified":"2025-05-14T11:37:53","modified_gmt":"2025-05-14T09:37:53","slug":"fire-detection-satellites-series-b-over-e-37-million-for-ororatech","status":"publish","type":"post","link":"https:\/\/www.fyb.de\/en\/fire-detection-satellites-series-b-over-e-37-million-for-ororatech\/","title":{"rendered":"Fire detection satellites: Series\u2011B over \u20ac 37 million for OroraTech"},"content":{"rendered":"<p>Munich \u2014 Orora\u00adTech, the global leader in fire detec\u00adtion and risk assess\u00adment, has expan\u00added its Series B funding round to \u20ac37 million. The round was led by BNP Pari\u00adbas Solar Impulse Venture Fund, with parti\u00adci\u00adpa\u00adtion from Rabo Ventures and long-term inves\u00adtors Bayern Kapi\u00adtal, Edaphon and the Euro\u00adpean Circu\u00adlar Bioe\u00adco\u00adnomy Fund (ECBF). <\/p>\n<p>With ten satel\u00adli\u00adtes alre\u00adady in orbit, Orora\u00adTech provi\u00addes the worl\u00add\u2019s most consis\u00adtent and compre\u00adhen\u00adsive ther\u00admal data stream, enab\u00adling the crea\u00adtion of a digi\u00adtal twin of the Earth. This dyna\u00admic model allows users to under\u00adstand every wild\u00adfire event around the world, around the clock, and simu\u00adlate future fire beha\u00advior with unpre\u00adce\u00adden\u00adted accu\u00adracy. By buil\u00adding both the infra\u00adstruc\u00adture in space and the intel\u00adli\u00adgent data pipe\u00adlines on Earth, Orora\u00adTech trans\u00adforms raw ther\u00admal data into actionable information.&nbsp;<\/p>\n<p><strong>Martin Langer, CEO and CTO of Orora\u00adTech (photo \u00a9 Orora\u00adTech)<\/strong>, said: \u201cWe are capi\u00adta\u00adli\u00adzing on a rare oppor\u00adtu\u00adnity where our scalable space infra\u00adstruc\u00adture meets ground-brea\u00adking AI. The back\u00ading of two of Euro\u00adpe\u2019s leading banks is testa\u00adment to Orora\u00adTech\u2019s posi\u00adtion at the fore\u00adfront of the market and will further drive our growth as a foun\u00adda\u00adtio\u00adnal provi\u00adder of ther\u00admal intel\u00adli\u00adgence to many indus\u00adtries and govern\u00adments worldwide.\u201d&nbsp;<\/p>\n<p><strong>Lucas Guil\u00adlet, Invest\u00adment Direc\u00adtor at BNP Pari\u00adbas Solar Impulse Venture Fund<\/strong>, said: \u201cWe are deligh\u00adted to support Orora\u00adTech, which has built a strong repu\u00adta\u00adtion in the space indus\u00adtry and the wild\u00adfire ecosys\u00adtem. Their ability to deve\u00adlop and operate nano\u00adsa\u00adtel\u00adli\u00adtes and inter\u00adpret complex data has contri\u00adbu\u00adted to the commer\u00adcial success of their Wild\u00adfire Intel\u00adli\u00adgence solu\u00adtion. Our network toge\u00adther with Rabo\u00adbank offers a promi\u00adsing oppor\u00adtu\u00adnity to support solu\u00adti\u00adons that can improve the protec\u00adtion of forests worldwide.\u201d&nbsp;<\/p>\n<p><strong>Shis\u00adhir Sinha, Execu\u00adtive Direc\u00adtor Rabo Ventures<\/strong>, commen\u00adted: \u201cThe incre\u00adasing inten\u00adsity and frequency of wild\u00adfi\u00adres poses a signi\u00adfi\u00adcant threat to our planet as they emit billi\u00adons of tons of CO2 annu\u00adally, drive biodi\u00adver\u00adsity loss and impact the over\u00adall resi\u00adli\u00adence of our ecosys\u00adtems. We at Rabo Ventures are deligh\u00adted to support Martin and the team at Orora\u00adTech, who have deve\u00adlo\u00adped a globally scalable wild\u00adfire detec\u00adtion plat\u00adform that is alre\u00adady deli\u00adve\u00adring value to stake\u00adhol\u00adders in Austra\u00adlia, Europe and the Americas.&nbsp;<\/p>\n<p>Last year, Orora\u00adTech closed almost 100 million euros in contracts and venture capi\u00adtal. This momen\u00adtum unders\u00adcores the company\u2019s posi\u00adtion as a trus\u00adted provi\u00adder of real-time infor\u00adma\u00adtion from space. Its inno\u00adva\u00adtive wild\u00adfire manage\u00adment plat\u00adform, Wild\u00adfire Solu\u00adtion, can assess the risk, detect the outbreak and predict the growth of any wild\u00adfire on&nbsp;Earth.&nbsp;<\/p>\n<p><strong>About Orora\u00adTech<br>\n<\/strong><br>\n Orora\u00adTech is a global intel\u00adli\u00adgence-as-a-service company lever\u00adaging ther\u00admal data for a sustainable planet. Its wild\u00adfire solu\u00adtion plat\u00adform is based on high-reso\u00adlu\u00adtion ther\u00admal data from its proprie\u00adtary and public satel\u00adlite system that provi\u00addes real-time situa\u00adtio\u00adnal aware\u00adness and trig\u00adgers risk alerts to revo\u00adlu\u00adtio\u00adnize wild\u00adfire intel\u00adli\u00adgence world\u00adwide. The state-of-the-art system detects fires of any size, day or night, and ensu\u00adres timely action. Orora\u00adTech was foun\u00added in 2018 and is head\u00adquar\u00adte\u00adred in Munich with offices in the United States, Austra\u00adlia, Brazil, Canada and Greece. A dedi\u00adca\u00adted team of more than 140 experts is commit\u00adted to deli\u00adve\u00adring inno\u00adva\u00adtive solu\u00adti\u00adons for a sustainable future. \u2014 www.ororatech.com     <\/p>\n<p><strong>About the Solar Impulse Venture Fund<\/strong><br>\nThe BNP Pari\u00adbas Solar Impulse Venture Fund invests in start-ups and scale-ups with high growth poten\u00adtial that are commit\u00adted to the green tran\u00adsi\u00adtion in order to acce\u00adle\u00adrate their deve\u00adlo\u00adp\u00adment and scale-up. Target sectors include energy tran\u00adsi\u00adtion, sustainable agri\u00adcul\u00adture and food, circu\u00adlar economy, water and ocean manage\u00adment, smart cities, sustainable mobi\u00adlity and indus\u00adtrial inno\u00adva\u00adtion. The BNP Pari\u00adbas Solar Impulse Venture Fund is mana\u00adged by the private wealth divi\u00adsion of BNP Pari\u00adbas Asset Manage\u00adment, the asset manage\u00adment arm of BNP Paribas.&nbsp;<\/p>\n<p><strong>About BNP Pari\u00adbas Asset Management<\/strong><br>\nBNP Pari\u00adbas Asset Manage\u00adment (\u201cBNPP AM\u201d) is the invest\u00adment arm of BNP Pari\u00adbas, a leading banking group in Europe with an inter\u00adna\u00adtio\u00adnal reach. BNPP AM stri\u00adves to gene\u00adrate long-term sustainable returns for its clients based on a sustaina\u00adbi\u00adlity-driven approach. BNPP AM focu\u00adses its exper\u00adtise on five core capa\u00adbi\u00adli\u00adties \u2014 Private Assets, High Convic\u00adtion Active Stra\u00adte\u00adgies, Emer\u00adging Markets, Syste\u00adma\u00adtic, Quan\u00adti\u00adta\u00adtive &amp; Index and Liqui\u00addity Solu\u00adti\u00adons \u2014 with invest\u00adment proces\u00adses that include quan\u00adti\u00adta\u00adtive, ESG and funda\u00admen\u00adtal rese\u00adarch. These capa\u00adbi\u00adli\u00adties can be combi\u00adned to create multi-asset solu\u00adti\u00adons tail\u00ado\u00adred to our clients\u2019 objec\u00adti\u00adves. Sustaina\u00adbi\u00adlity is central to BNPP AM\u2019s stra\u00adtegy and invest\u00adment philo\u00adso\u00adphy. As one of the leading thema\u00adtic invest\u00adment compa\u00adnies in Europe1 , BNPP AM aims to contri\u00adbute to a successful energy tran\u00adsi\u00adtion, healthy ecosys\u00adtems and grea\u00adter equa\u00adlity in our socie\u00adties (our \u201c3Es\u201d).     <\/p>\n<p>BNPP AM curr\u00adently mana\u00adges EUR 602 billion in assets (EUR 712 billion in assets under manage\u00adment and advice) and bene\u00adfits from the exper\u00adtise of more than 500 invest\u00adment profes\u00adsio\u00adnals and around 400 client rela\u00adti\u00adonship specia\u00adlists serving private, corpo\u00adrate and insti\u00adtu\u00adtio\u00adnal clients in 67 count\u00adries. (Source: BNPP AM, as of March 31, 2025). \u2014 www.bnpparibas-am.com  <\/p>\n<p><strong>About Rabo Ventures<\/strong><br>\nRabo Ventures, part of Rabo\u00adbank, part\u00adners with compa\u00adnies in the early stages of the value chain to support their growth ambi\u00adti\u00adons and enable the neces\u00adsary chan\u00adges in the global food and agri\u00adcul\u00adture indus\u00adtry. We invest in outstan\u00adding manage\u00adment teams that deve\u00adlop solu\u00adti\u00adons to real-world problems, with a focus on inno\u00adva\u00adtion and sustaina\u00adbi\u00adlity. With a local presence in more than 30 count\u00adries, Rabo\u00adbank is a global leader in Food &amp; Agri\u00adcul\u00adture Banking. As part of Rabo\u00adban\u00adk\u2019s captive invest\u00adment fran\u00adchise, Rabo Invest\u00adments, we leverage the bank\u2019s plat\u00adform, know\u00adledge and network to support and grow your busi\u00adness while acce\u00adle\u00adra\u00adting important change. \u2014 www.raboinvestments.com\/team\/ventures.    <\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Munich \u2014 Orora\u00adTech, the global leader in fire detec\u00adtion and risk assess\u00adment, has expan\u00added its Series B funding round to \u20ac37 million. The round was led by BNP Pari\u00adbas Solar Impulse Venture Fund, with parti\u00adci\u00adpa\u00adtion from Rabo Ventures and long-term inves\u00adtors Bayern Kapi\u00adtal, Edaphon and the Euro\u00adpean Circu\u00adlar Bioe\u00adco\u00adnomy Fund (ECBF). With ten satel\u00adli\u00adtes already&nbsp;[\u2026]<\/p>\n","protected":false},"author":2,"featured_media":56138,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[1366],"tags":[],"class_list":["post-56140","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Fire detection satellites: Series-B over \u20ac 37 million for OroraTech - FYB Financial Yearbook<\/title>\n<meta name=\"description\" content=\"Munich - OroraTech, the global leader in fire detection and risk assessment, has expanded its Series B funding round to \u20ac37 million. 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