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Pano Ai, The Leader In Wildfire Detection Technology, Raises $17M In Growth Capital And Expands Executive Team, Including Top Leadership In Artificial Intelligence

PRIVATEJul 10, 2023

Amount Raised

$17 Million

Round Type

Funding Round

San FranciscoSoftwareArtificial Intelligence

Description

Pano AI, the first company to offer a fully-managed solution for active wildfire detection using artificial intelligence, has raised $17M in new growth capital led by Valor Equity Partners. Joining the funding round as new investors are Salesforce Ventures, T-Mobile Ventures (an affiliate of Pano’s connectivity partner T-Mobile US), and the 5G Open Innovation Lab, alongside the continued support of existing investors Initialized Capital, Congruent Ventures, Convective Capital, January Ventures, Kevin Mahaffey, and Jade Van Doren. Concurrent with this funding, Pano announces the expansion of its executive team including a distinguished leader in Artificial Intelligence, Ryan White, who formerly led high profile machine learning teams at Amazon and Meta.

Quick answer

Pano AI raised $17 Million in a Funding Round round, dated July 10, 2023. Pano AI is based in San Francisco, California, United States.

How much did Pano AI raise?
Pano AI raised $17 Million in a Funding Round round on July 10, 2023.
What does Pano AI do?
Pano AI (Pano) is the leader in early wildfire detection and intelligence, providing government, utilities, insurers, and private landowners with advanced tools and up-to-the-minute intelligence to quickly mitigate..
Where is Pano AI based and how big is it?
Pano AI is based in San Francisco, California, United States. Fundz records about 45 employees.
Who are the decision-makers at Pano AI?
Fundz holds 1 contact at Pano AI, including the CEO . Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software and Artificial Intelligence around the same time

Companies in the same sectors as Pano AI that raised within 45 days of this round, from Fundz verified event records.

  • Aily Labs raised $21M (Series A) on August 24, 2023.
  • Ikigai Labs raised $25M (Series A) on August 24, 2023.
  • Modular raised $100M (Funding Round) on August 24, 2023.
  • Irys Insurtech raised $3.5M (Seed) on August 24, 2023.
  • Wand.app raised $4.2M (Seed) on August 23, 2023.
  • CakeResume raised $5M (Funding Round) on August 23, 2023.

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Company Information

Company

Pano AI

Location

San Francisco, California, United States

About

Pano AI (Pano) is the leader in early wildfire detection and intelligence, providing government, utilities, insurers, and private landowners with advanced tools and up-to-the-minute intelligence to quickly mitigate wildfire threats while protecting lives, property, and the environment.

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Related People

1 contact
Verified contactsSonia K., CEO See plans and pricing
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Pano AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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