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BurnBot Secures $20M in Series A Funding to Prevent Destructive Wildfires with Mechanized Vegetation Management

๐Ÿ“… Date:

๐Ÿ”– Topics: Funding Event

๐Ÿข Organizations: BurnBot, ReGen Ventures, Toyota

BurnBot, announced it has raised $20 million in financing to expand its mechanized vegetation management and fuel treatment solutions to prevent destructive wildfires. The round was led by ReGen Ventures, with participation from Toyota Ventures, AmFam Ventures, Convective Capital, Blue Forest Asset Management, Skip Capital, Overture Ventures, Lowercarbon Capital and Pathbreaker Ventures.

To amplify prescribed fire capacity, BurnBot developed the RX, a mechanized prescribed fire system that precisely deploys fire within an enclosed chamber, cooling the land as it moves. โ€œOur technology is a force multiplier, enabling small crews to treat areas 10X faster and more efficiently. We know that fire is an effective and ecological way to manage fuel buildup and we designed the RX to operate with minimal smoke and escape risk, so itโ€™s safe for use year-round, even near communities and critical infrastructure. This investment will allow us to expand our technology development and operations, and weโ€™re excited to make a positive impact,โ€ said Waleed โ€œLeeโ€ Haddad, Co-Founder and CTO of BurnBot.

Read more at PR Newswire