Australian bushfire detection startup raised A$68m

Friday 27 Jun 2025

 
A US startup used extensively by Australian authorities to detect bushfires has raised A$68 million in Series B funding. The round for Pano AI included an undisclosed level of secondary share sales, with the surveillance platform claiming to have raised A$138m in its five-year-old lifetime.

New investor Giant Ventures led the raise, supported by Liberty Mutual Strategic Ventures and Tokio Marine Future Fund, as well as existing backers Congruent Ventures, Initialized Capital and Salesforce Ventures.

The new cash will go to deployment of its AI-powered bushfire detection hardware and intelligence software.

Pano AI was cofounded by expat Australian Arvind Satyam and US supply chain expert Sonia Kastner in mid-2020 following the devastating 2019-20 summer fires that scorched at nation, killing 33 people.

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Source: Startup Daily
Image Credit: Pano AI


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