($17M in Series A Funding)

Pano AI, specializing in AI-driven wildfire detection, raised $17 million in an extended Series A round.

Under the CEO Sonia Kastner, the raise was led by Valor Equity Partners, with participation from Salesforce Ventures, T-Mobile, and others.

Why we like it: The technology, which currently monitors over 6 million acres in the U.S. and parts of Australia, alerts professionals within minutes of detecting smoke or fires. Amidst increasing wildfire frequency and severity, Pano AI’s solution offers rapid detection and alerts, potentially saving lives, protecting ecosystems, and enhancing firefighting efficiency. Their strategic partnerships enable broad coverage and swift response times.