Shared 11 May, 2023
Frontline Wildfire Defense, a San Francisco-based startup, raised $6.4 million in seed funding, the company exclusively tells Axios.
Why it matters: Wildfire technology is a growing area of interest for climate investors, some of which have seen the affect of larger and stronger fires firsthand.
Details: Echelon led the round, which was primarily debt financing, Frontline CEO Harry Statter tells Axios. Echelon received a board seat in the deal.
How it works: Frontline makes an app for homeowners or business owners to track nearby wildfires using a network of satellite and publicly available cameras.
State of play: Investors out West are some of the most vocal proponents of the growing fire tech sector due to their experience with recent fires in California, Oregon and Washington.
What we’re watching: Frontline is actively pursuing an all-equity Series A fundraise, Statter says. He declined to share the round’s target size.
*Offer ends on Friday, 7th February.