OroraTech Funding News- German Startup OroraTech Raises €37Mn In Series B Round

In total, the company has raised nearly €100 million through commercial contracts and venture capital.

The latest funding round was led by the BNP Paribas Solar Impulse Venture Fund, with support from Rabo Ventures and long-time investors like Bayern Kapital, Edaphon, and the European Circular Bioeconomy Fund (ECBF).

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.”

OroraTech, founded in 2018, is a global company that uses thermal data to support a more sustainable planet. It has a team of over 140 people and operates in Germany, the US, Australia, Brazil, Canada, and Greece.

The company’s Wildfire Solution platform uses high-quality thermal data from satellites—both its own and public ones—to give real-time updates and send risk alerts. This helps improve wildfire detection and response around the world. OroraTech says its system can spot fires of any size, day or night, helping people take quick action to prevent damage.

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.”

OroraTech already has ten satellites in space and aims to provide the most complete and constant thermal data stream in the world. This data will help build a “digital twin” of Earth’s wildfires—a live model that lets users track any wildfire, anytime, anywhere, and even predict how fires might spread in the future with high accuracy.

By creating both the space technology and the smart data systems on Earth, OroraTech turns raw thermal data into useful information that helps people take action.

Shishir Sinha, Executive Director Rabo Ventures, commented: “The increasing intensity and frequency of wildfires poses a significant threat to our planet, emitting billions of tons of C02 annually, driving biodiversity loss, and diminishing the overall resilience of our ecosystems. As a bank with exposure to forestry and rural sectors, we recognise the urgent need to address these risks.

“We at Rabo Ventures are excited to back Martin and the team at OroraTech, who have developed a globally scalable wildfire intelligence platform which is already delivering value to stakeholders across Australia, Europe and the Americas.”

About OroraTech

OroraTech is a global company that uses satellites to spot and track wildfires. They offer real-time alerts, early fire detection, and damage reports. Their service is used by governments, businesses, NGOs, and insurance companies around the world through a subscription model.