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Venture Capital News: Pano AI Snares $44M Series B

2025-06-16
SAN FRANCISCO, CA, Pano AI, the leading developer of AI-powered wildfire detection, announced the close of its $44 million Series B funding round.
Pano AI, the leading developer of AI-powered wildfire detection, announced the close of its $44 million Series B funding round, bringing its total amount raised to $89 million. The round follows four consecutive years of rapid revenue growth, with contracted revenue exceeding $100 million to support coverage of nearly 30 million acres worldwide, and the round total includes both primary and secondary sales.

The round was led by new investor Giant Ventures, with additional new participation from Liberty Mutual Strategic Ventures and Tokio Marine Future Fund, as well as continued support from Congruent Ventures, Initialized Capital and Salesforce Ventures.
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