OroraTech, the global leader in wildfire intelligence and risk assessment, has extended its Series B financing round to €37m. The round was led by BNP Paribas Solar Impulse Venture Fund, with participation from Rabo Ventures, and long standing investors Bayern Kapital, Edaphon, and the European Circular Bioeconomy Fund (ECBF).
With ten satellites already in orbit, OroraTech delivers the world’s most persistent and comprehensive thermal data stream, enabling the creation of a wildfire digital twin of the Earth. This dynamic model allows users to understand any wildfire event globally, 24/7, and simulate future fire behavior with unprecedented accuracy. By building both the infrastructure in space and the intelligent data pipelines on Earth, OroraTech is transforming raw thermal data into actionable intelligence.
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.”
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.”
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 recognize 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.”
In the past year, OroraTech has signed close to €100 million in commercial contracts and venture capital. This momentum underscores the company’s position as a trusted provider of real-time intelligence from space. Its innovative wildfire management platform, Wildfire Solution, can estimate the risk, detect the outbreak, and predict the growth of any forest fire on Earth.
To see our press kit, please click here
About OroraTech
OroraTech is a global intelligence-as-a-service company leveraging thermal data for a sustainable Earth. Its Wildfire Solution platform is powered by high-resolution thermal data from its proprietary and public satellite system, that delivers real-time situational awareness and prompts risk alerts to revolutionize wildfire intelligence worldwide. The cutting-edge system detects fires of any scale, day or night, ensuring timely action. Founded in 2018, OroraTech is headquartered in Munich, Germany, with operations 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. For more information, visit 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 committed to the ecological transition, in order to accelerate their development and scape-up. Targeted sectors include the energy transition, sustainable agriculture and food, the circular economy, water and ocean management, smart cities, sustainable mobility and industrial innovation. BNP Paribas Solar Impulse Venture Fund is managed by the Private Assets division within 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 international reach. BNPP AM aims 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 incorporating quantitative, ESG and fundamental research. These capabilities can be combined into multi-asset solutions aligned with our clients’ goals.
Sustainability is core to BNPP AM’s strategy and investment philosophy. Among the leaders in thematic investment in Europe (1), BNPP AM intends to contribute to a successful Energy transition, healthy Ecosystems, and greater Equality in our societies (our “3Es”). BNPP AM currently manages EUR 602 billion of assets (EUR 712 billion of assets under management and advisory) and benefits from the expertise of more than 500 investment professionals and around 400 client servicing specialists, serving individual, corporate and institutional clients in 67 countries.
Source: BNPP AM, as of 31 March 2025
(1) Source: 2nd in Europe on sustainable thematic strategies, according to an analysis made by BNP Paribas Asset Management based on Morningstar data as at 31/12/2024.
For more information please visit bnpparibas-am.com
