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OroraTech receives €20M grant from Greek Ministry of Digital Governance for wildfire detection and monitoring system

Jul 03, 2024over 1 year ago

Amount Raised

€20 Million

Description

OroraTech, a Munich-based company, has received a €20 million investment from the Greek Ministry of Digital Governance to develop a wildfire detection and monitoring system using infrared data from satellites. The project aims to provide advanced detection technologies to help combat destructive wildfires faced by Greece during the hot summer months.

Company Information

Company

OroraTech

About

OroraTech’s Wildfire Solution is designed to inform you of the earliest detection of hotspots and allows you to monitor areas at risk of wildfires. Our all-in-one service provides reliable data fused from 20+ satellite sources and first-in-class wildfire algorithms that help protect your assets

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech