OroraTech, a Munich-based thermal data intelligence company, is dedicated to creating truth for a net-zero economy and protecting the environment. The company's flagship Wildfire Solution is globally used, monitoring over 160 million ha of forests. OroraTech has successfully launched the first of its kind satellite in January 2022 and plans to expand to a fleet of 100 satellites in the coming years. Since its establishment in 2018, OroraTech has grown to an international team of over 80 employees, backed by private and institutional investors, the European Space Agency, and the governments of Germany and Bavaria. The company operates in the Analytics, ESG, IT, and Sustainability industries, reflecting its commitment to addressing environmental challenges through advanced technology. OroraTech's recent €25.00M Series B investment on 16 October 2024 was led by Ananda Impact Ventures, Bayern Kapital, Findus Venture, ConActivity KG, Korys, European Circular Bioeconomy Fund (ECBF), and Edaphone Private Impact Fund. This injection of capital validates the industry's confidence in the company's mission and its potential to make a significant impact in the field of thermal intelligence.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series B | €37.00M | 5 | BNP Paribas Solar Impulse Venture Fund, European Circular Bioeconomy Fund (ECBF) | 14 May 2025 |
Series B | €25.00M | 7 | European Circular Bioeconomy Fund (ECBF), Edaphone Private Impact Fund | 16 Oct 2024 |
Grant | €20.00M | 1 | 04 Jul 2024 | |
Series A | €16.00M | 10 | Ingo Baumann, Earth Science Foundation +1 | 30 Nov 2022 |
Grant | Unknown | 1 | 11 Feb 2022 |
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