Pano AI raises $20 million series A to use AI imaging to combat wildfires

22 September 2022

Published by: https://www.bizjournals.com

USA – Pano AI, a startup that builds imaging systems to detect and prevent wildfires, has raised a $20 million Series A led by Initialized Capital and included Congruent Ventures, Convective Capital, DCVC, January Ventures and Quiet Capital.

The San Francisco startup, founded about three years ago, is part of an emerging segment in climate tech that is focused on dealing with the ramifications of climate change, as opposed to finding ways to prevent it. The company works with local governments, utilities and private land owners to install 360-degree cameras that use artificial intelligence to quickly detect a fire and alert local fire agencies.