FireDome, a Tel Aviv, Israel-based startup inspired by Israel’s Iron Dome and improving autonomous wildfire defense, raised $4.5M in funding.
The amount consisted of a pre-seed round, led by climate-tech investors including U.S.-based Third Sphere and Israel’s Gravity. Additional investment came from Germany’s Caesar Fund, along with Atooro Fund and Vertex Ventures. FireDome, founded earlier this year, also secured a $1.5M grant from the Israeli Innovation Authority.
The company intends to use the funds to expand operations and its R&D sector.
Led by Gadi Benjamini and Dr. Adi Naor Pomerantz, FireDome provides a patent-pending innovative wildfire defense system that uses a two-tiered approach:
- First, a mechanical launcher rapidly and accurately deploys capsules containing eco-friendly fire retardant to create a protective barrier that blocks the direct path of encroaching wildfires.
- Second, the system, leveraging computer vision, actively and swiftly detects and extinguishes spot fires caused by airborne embers that bypass the primary barrier. The system is equipped with multiple redundancies for reliable performance and the fire retardant used remains effective for weeks, providing extensive protection across diverse conditions.
FinSMEs
03/12/20234