What does Pano AI do?
Pano AI develops AI-powered wildfire detection and intelligence systems that provide early detection and situational awareness to fire agencies, utilities, governments, and private landholders.
How much did they raise?
The company raised $44M in its Series B round, led by Giant Ventures with participation from Liberty Mutual Strategic Ventures, Tokio Marine Future Fund, Congruent Ventures, Initialized Capital, and Salesforce Ventures.
What are their plans for the money?
Pano AI plans to use the funds to accelerate the adoption and deployment of its innovative wildfire detection solutions at scale, which could enhance disaster response and protect communities and critical infrastructure.
What have they achieved so far?
Already launched in 2020, Pano AI has deployed its solution across the U.S., Canada, and Australia, partnering with 15 U.S. electric utilities and nearly 40 organizations across various sectors to deliver real-time wildfire intelligence.