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OroraTech
Thermal intelligence for sustainability
- 21-100 employees
- B2B
- Artificial Intelligence
- Energy
- Sustainability
- Ramersdorf-Perlach, Munich, Germany
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Company mission
To empower better decisions for climate change adaptation and mitigation through continuous thermal data from space.
Our take
Global temperatures are on the rise, and climate change is leading to more frequent high-temperature extremes, such as heatwaves and wildfires. Looking to help slow and combat global warming is OroraTech, a thermal intelligence solution.
The company uses its 20+ satellites and artificial intelligence to acquire and track thermal data. This means that events like wildfires can be detected early, which could be a game changer for reducing their environmental impact. Extending from natural disasters, the technology also has potential in other sectors like smart farming and insurance.
Funding has allowed OroraTech to expand past its German base to Brazil, Canada, and Australia. It has also recently appointed a new CEO who will support the company in taking on the scaling demand for its product.
Freddie
Company Specialist at Welcome to the Jungle
Funding (last 2 of 8 rounds)
Oct 2024
$26.4m
EARLY VC
Jul 2024
$21.1m
GRANT
Total funding: $70.6m
This company has top investors
Leadership
Björn Stoffers
(Advisor)Worked as a Business Analyst at AtomLeap and Co-founded Heurekia.
Florian Mauracher
(Head of Product Development)Study for over 7 years at Genoa Gmbh such as the study program in Computer Science.
Rupert Amann
(Head of Satellite Development)Was previously a working student for Perisens. Also took part in the TESOS REXUS-23 Sounding Rocket Program, working on Electronics Development.
Thomas Grübler
(CSO)Previously a Development Engineer for fos4X, and later became a Scientific Associate at the Technical University of Munich.