Tech Company Financing Transactions

OroraTech Funding Round

Bayern Kapital, ECBF - European Circular Bioeconomy Fund and Korys participated in a $27 million Series B venture round for OroraTech. The round was announced on 10/15/2024.

Transaction Overview

Company Name
Announced On
10/15/2024
Transaction Type
Venture Equity
Amount
$27,000,000
Round
Series B
Proceeds Purpose
The company intends to use the funds to expand its existing footprint in North America and the Asia Pacific region, and enhance its predictive AI capabilities and orbital sensor network.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
St.-Martin-Straße 112
Munich, 81669
DE
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
OroraTech LinkedIn Company Profile
Social Media
OroraTech Company Twitter Account
Company News
OroraTech News
Facebook
OroraTech on Facebook
YouTube
OroraTech on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Thomas Grübler
  Thomas Grübler LinkedIn Profile  Thomas Grübler Twitter Account  Thomas Grübler News  Thomas Grübler on Facebook
Chief Financial Officer
Viktor Gauk
  Viktor Gauk LinkedIn Profile  Viktor Gauk Twitter Account  Viktor Gauk News  Viktor Gauk on Facebook
Chief Technical Officer
Martin Langer
  Martin Langer LinkedIn Profile  Martin Langer Twitter Account  Martin Langer News  Martin Langer on Facebook
Co-Founder
Rupert Amann
  Rupert Amann LinkedIn Profile  Rupert Amann Twitter Account  Rupert Amann News  Rupert Amann on Facebook


 

 

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