🏆 Deal of the Month · October 2024
OroraTech raised EUR 25m in a Series B round closed in October 2024; the post-money valuation was not disclosed. The round was backed by a consortium of seven investors including Ananda Impact Ventures, Bayern Kapital, and Korys, among others. The capital will be deployed to expand OroraTech's constellation of imaging satellites and scale its wildfire intelligence platform globally.
OroraTech — key deal facts
| Company | OroraTech |
| Founded | 2018 |
| Headquarters | Munich, Germany |
| Amount raised | EUR 25m |
| Valuation | Valuation Remains Undisclosed |
| Round | Series B |
| Investors | Ananda Impact Ventures, Bayern Kapital, ConActivity KG, Edaphon, European Circular Bioeconomy Fund, Findus Venture, Korys |
| Sectors | Information Technology |
Who invested in OroraTech?
The Series B was supported by Ananda Impact Ventures, Bayern Kapital, ConActivity KG, Edaphon, European Circular Bioeconomy Fund, Findus Venture, and Korys. The investor mix is notable for combining impact-focused venture capital with specialist bioeconomy and industrial funds, reflecting the intersection of climate resilience and technology that underpins OroraTech's mission. Regional backing from Bayern Kapital underscores continued institutional support for deep-tech originating in the German market.
What does OroraTech do?
OroraTech was founded in 2018 in Munich, Germany, as a spin-out from a university research project. The company operates an intelligence-as-a-service platform — its Wildfire Solution — that fuses thermal-infrared data from more than 35 satellite sources, including proprietary nanosatellites, to deliver early hotspot detection, real-time fire monitoring, predictive risk assessment, and burnt-area quantification. CEO Martin Langer leads global operations spanning five continents, while co-founder Thomas Grübler serves as CSO. OroraTech's platform is used to protect critical infrastructure, agricultural assets, and natural ecosystems from wildfire threats worldwide.
OroraTech valuation & multiples
No verified multiples data is available for this transaction, as valuation remains undisclosed. Once comparable EV/Sales and EV/EBITDA ranges are established for the space-based earth observation and wildfire intelligence segment, they will be published here. Readers seeking sector context can explore the relevant Information Technology multiples pages on DealMatrix.
Explore the benchmarks: Series B.
Frequently asked questions
How much did OroraTech raise in its Series B?
OroraTech raised EUR 25m in its Series B round, which closed in October 2024.
What is OroraTech's valuation?
OroraTech's post-money valuation following the Series B has not been publicly disclosed.
Who invested in OroraTech?
The Series B investors are Ananda Impact Ventures, Bayern Kapital, ConActivity KG, Edaphon, European Circular Bioeconomy Fund, Findus Venture, and Korys.
When was OroraTech founded and where is it based?
OroraTech was founded in 2018 and is headquartered in Munich, Germany.
Source: original announcement — read the full report.