Tech Company Financing Transactions
OroraTech Funding Round
On 12/1/2022, OroraTech raised $15.8 million in Series A funding from Edaphon, Ananda Impact Ventures and APEX Ventures.
Transaction Overview
Company Name
Announced On
12/1/2022
Transaction Type
Venture Equity
Amount
$15,800,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand its climate solutions portfolio by launching its second thermal-infrared camera in space in May 2023 to strengthen its position as a commercial provider of space-based thermal-infrared insights.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
St.-Martin-Straße 112
Munich, 81669
DE
Munich, 81669
DE
Phone
Website
Email Address
Overview
We are the leading thermal-infrared data intelligence company based in Munich, Germany, providing actionable insights for sustainable enterprises. With the launch of the first thermal-infrared camera on a nanosatellite FOREST-1 in early 2022, we kicked off our constellation of 100 cameras to continuously monitor the earth's temperature and provide data-based trends. Our leading Wildfire Intelligence Solution is used by customers across six continents, from commercial enterprises to governmental organizations. We were founded in 2018 with a vision to use NewSpace intelligence for a sustainable Earth.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thomas Grübler
Chief Financial Officer
Viktor Gauk
Chief Technical Officer
Martin Langer
Co-Founder
Rupert Amann
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