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OroraTech
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Short description

Operator and developer of nano-satellites for wildfire detection and monitoring

Founded in 2018
Founded in

Company type Private Public ()
Company type

Industry Group resources & environmental management

Sector climate risk & resilience

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Germany Munich, Germany
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Updated by Sunena Gupta at on 10/24/2024

Edited by Cleantech Group on 12/23/2024

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Date Company
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Date Partner Type
06/28/2023
Spire Global Spire Global
The pair are collaborating to put a constellation of eight global temperature and wildfire-monitoring satellites into orbit by mid-2024.
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Confirmed by Spire Global
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IPO INFORMATION

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Date Investors Type Amount
10/15/2024 Korys Korys , European Circular Bioeconomy Fund European Circular Bioeconomy Fund , Bayern Kapital Bayern Kapital , Edaphone Private Impact Fund Edaphone Private Impact Fund , Ananda Impact Ventures Ananda Impact Ventures , ConActivity KG ConActivity KG , Findus Venture Findus Venture (7)
Post-money valuation of
The investment will help the company expand into new markets, particularly in North America and the Asia Pacific. Funds will also be used to enhance OroraTech’s AI technology and orbital thermal sensor network, to improve their wildfire detection accuracy and speed.
Series B $27,000,000
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