umgrauemeio, a Jundiaí, Brazil-based climatech monitoring platform provider raised USD$3.6M in funding.
Backers included Baraúna Investimentos, Indicator Capital, The Yield Lab Latam and Rural Ventures.
The company intends to use the funds to expand operations and development efforts.
Led by Rogerio Cavalcante, Founder and CEO, umgrauemeio develops an integrated management and risk analysis solution, called Pantera, which uses Artificial Intelligence in a monitoring system using security cameras, high resolution, installed on top of communication towers, automatically identifying fire outbreaks in seconds, notifying system operators and accelerating firefighting protocols. The company aims to fight forest fires, reduce CO₂ emissions and improve the instant detection of smoke signals.
umgrauemeio had revenue of US$3.6m in 2023 and an estimated US$4.6m for 2024.
FinSMEs
03/05/2024