Listen to this article
Pano AI secures $44 million in Series B funding to expand its AI-driven wildfire detection technology across nearly 30 million acres globally. The system provides real-time smoke detection and situational awareness, enabling rapid response by emergency services. With over $100 million in contracted revenue, the company supports more than 250 agencies and utilities in wildfire-prone regions.
Why Investors Are Betting Big on Wildfire Tech
Pano AI has raised $44 million in a Series B funding round, bringing its total capital raised to $89 million. The round was led by Giant Ventures, with participation from Liberty Mutual Strategic Ventures, Tokio Marine Future Fund, and existing investors such as Congruent Ventures, Initialized Capital, and Salesforce Ventures.
This funding follows four years of consistent revenue growth. The company now holds over $100 million in contracted revenue, supporting its wildfire detection technology across nearly 30 million acres.
The scale of the wildfire crisis is accelerating. In 2024 alone, fires consumed close to one billion acres globally. Pano AI’s solution targets this rising threat with infrastructure that combines continuous monitoring and real-time data delivery.
How Pano AI Detects Fires Before They Spread
Pano AI integrates artificial intelligence with high-resolution camera systems to detect smoke and fire at the earliest possible stage. The platform delivers real-time situational awareness to first responders, offering precise coordinates through its triangulation technology.
The system enables emergency teams to launch early responses without needing visual confirmation from personnel. This automation reduces delay in decision-making and improves the odds of containment during early ignition.
By relying on continuous monitoring, Pano AI minimizes the time between fire ignition and response coordination, which is crucial in areas with limited access or elevated wildfire risk.
From Remote Mountains to Power Grids: Where the Tech Is Deployed
Pano AI’s system supports more than 250 emergency response agencies across 10 U.S. states, five states in Australia, and British Columbia. Its deployments span multiple sectors, including:
- Electric utilities: Arizona Public Service, Portland General Electric, Xcel Energy
- Government agencies: Federal, state, and local fire departments
- Private and public partners: Renewable energy firms, ski resorts, forestry operators, and community associations
At Portland General Electric, the technology is part of a wider strategy to strengthen grid resilience. The utility relies on Pano AI for real-time fire risk visibility, improving its ability to respond and protect infrastructure.
Meet the Startup Fueling a Global Resilience Movement
Founded in 2020 by CEO Sonia Kastner and Chief Commercial Officer Arvind Satyam, Pano AI has grown into a key player in the wildfire detection sector. The company is a founding member of the Association of Firetech Innovation, which promotes adoption of next-generation tools for fire management.
Its mission centers on providing fire detection and intelligence solutions to protect infrastructure and communities. As fire seasons lengthen and intensify, demand for scalable technology continues to grow.
Pano AI operates across wildfire-prone territories, building systems that detect ignition before it escalates into larger events.
Recommended: ClickHouse Raises $350 Million To Power Real-Time Analytics For AI-Driven Applications
The $100M+ Revenue Pipeline That Sets Pano AI Apart
Pano AI’s traction with over $100 million in contracted revenue signals strong market validation. The Series B round includes both primary and secondary capital, further emphasizing investor confidence in its model.
The company’s early-mover status and focus on high-impact deployments have established it as one of the most well-capitalized firms in the firetech space.
Its integrated solution enables real-time decision support, differentiating it from traditional surveillance tools that rely on human monitoring or reactive reporting.
Why Timing Matters in the Fight Against Wildfires
On June 16, 2024, during Red Flag conditions, lightning sparked the Bear Creek Fire in Douglas County, Colorado. Located in a remote area of Bennett Mountain, the fire was detected within minutes by Pano AI’s system.
The technology provided triangulated coordinates to emergency officials, enabling a rapid helitack deployment. Helicopters delivered nearly 18,000 gallons of water across five hours, while a 40-person ground crew required more than two hours to reach the fire by foot.
Thanks to early intelligence, the blaze was contained to just three acres. According to the Douglas County Sheriff’s Office, this lead time was instrumental in protecting a watershed that supplies drinking water to over one million people.
What This Funding Means for the Future of Firetech
Pano AI plans to use the $44 million to accelerate deployment of its detection systems and expand geographic coverage. The company aims to scale its infrastructure across wildfire-prone regions, including North America and Australia.
Investor support reflects increasing recognition of wildfire mitigation as a climate adaptation strategy. Giant Ventures describes Pano AI as a “category-defining company,” while Tokio Marine highlights its role in building community resilience.
With new capital, the company is positioned to support broader coverage and faster detection capabilities for a growing network of critical infrastructure partners.
Please email us your feedback and news tips at hello(at)superbcrew.com
Activate Social Media:
