Series B expansion for Ororatech: Munich-based space tech secures another €37 million

Ten Ororatech satellites are currently in space. The Munich-based space tech startup aims to create a digital twin of the Earth to detect forest fires early.

Munich-based spacetech startup Ororatech has increased its Series B financing round by a further €37 million. The BNP Paribas Solar Impulse Venture Fund led the expansion round. Other investors include existing investor Bayern Kapital, the venture and growth capital firm of the Free State of Bavaria, as well as Rabo Ventures, Edaphon, and the European Circular Bioeconomy Fund (ECBF).

Ororatech is developing mini-satellites with thermal imaging cameras designed to detect forest fires around the world early . Fires in hard-to-reach regions are increasingly derailing because emergency responders notice them too late. Ororatech's answer: a global network of nanosatellites that delivers thermal data around the clock – making fires visible even as they begin .

The Series B expansion brings the total investment volume to over €80 million. The Munich-based startup raised nearly €6 million in a Series A round in 2021, and expanded the round by €15 million about a year later. The €25 million Series B round followed at the end of 2024. Currently, ten of its own satellites are planned to orbit the Earth, with more to follow. This will create a "digital twin of the Earth" that will not only detect fires but also be able to simulate future fire behavior.

“Our goal is to further advance our growth and position as a leading provider of thermal data-based wildfire detection and risk assessment solutions for various industries and governments worldwide,” says CEO and CTO Martin Langer.

Ororatech already protects over 347 million hectares of forest with its Wildfire Intelligence Solution – on six continents. Governments in Greece and Canada are already using the technology to protect nature, infrastructure, and human lives. Ororatech intends to use its satellite technology not only for forest fire detection in the future. The space tech also plans to monitor environmentally harmful gas flares, urban heat islands, and vast agricultural areas from space.