🏆 Deal of the Week · CW 42/2024
OroraTech raised EUR 25m in a Series B round; the company's post-money valuation remains undisclosed. The round was backed by a syndicate of seven investors including Ananda Impact Ventures, Bayern Kapital, and Korys, among others. The deal was recognised as Venionaire DealMatrix Deal of the Week for KW 42/2024.
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 round drew capital from Ananda Impact Ventures, Bayern Kapital, ConActivity KG, Edaphon, European Circular Bioeconomy Fund, Findus Venture, and Korys. The investor mix is notable for combining climate-impact-focused funds with regional German public-sector backers and European bioeconomy capital, reflecting OroraTech's positioning at the intersection of climate resilience, satellite technology, and environmental intelligence. The presence of the European Circular Bioeconomy Fund alongside deep-tech and impact investors underscores the cross-sector relevance of wildfire intelligence to land management and ecosystem protection.
What does OroraTech do?
OroraTech was founded in 2018 in Munich, Germany, by Thomas Grübler, Rupert Amann, Florian Mauracher, and Björn Stoffers; Martin Langer serves as CEO. The company provides wildfire intelligence-as-a-service, combining thermal infrared satellite imagery with AI to deliver real-time hotspot detection and predictive risk assessments. Its core product, the Wildfire Solution platform, aggregates data from more than 35 satellite and ground-based sources to enable 24/7 global fire monitoring, early detection day or night, and burnt-area analysis. OroraTech serves first responders, insurers, and government agencies across offices in Germany, the United States, Canada, Greece, and Australia.
OroraTech valuation & multiples
No verified EV/Sales or EV/EBITDA multiples data has been provided for this transaction; accordingly, no multiples analysis is presented here. As comparable figures become available, they will be benchmarked against prevailing ranges in the Information Technology and Earth Observation sectors. For current sector-level valuation multiples, visit the relevant IT and Space Tech sector 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, announced in October 2024.
What is OroraTech's valuation?
OroraTech's post-money valuation following its Series B has not been disclosed.
Who invested in OroraTech?
The Series B was backed by 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.