Satellites on Fire, a Buenos Aires, Argentina–based climate tech startup, has raised $2.7 million in Seed funding.
Investors
The round was led by Dalus Capital, with participation from Draper Associates, Draper Cygnus, VitaminC, Savia Ventures, Avesta Fund, Reciprocal, Zenani Capital, Innventure, Air Capital, Gain VC, Antom VC, and Embarca Tech.
Dalus Capital is an international venture capital firm headquartered in Monterrey, Mexico, focused on backing high-growth, purpose-driven technology companies across Latin America. The firm specializes in early- and growth-stage investments, particularly Series A and B rounds, built around four core pillars: inclusion, climate innovation, business productivity, and digital consumers.
Satellites on Fire Use of Funds
The company will use the funding to expand into the U.S. market, enhance its AI models, develop a parametric wildfire insurance product, and build an intelligence dashboard for client risk management.
About Satellites on Fire
Founded in 2020 by Franco Rodriguez Viau, Ulises López Pacholczak, and Joaquín Chamo, Satellites on Fire is a climate tech company that develops AI-powered wildfire detection and monitoring solutions using satellite data and advanced analytics. Its platform integrates imagery from multiple global satellite networks, including NASA, NOAA, and the European Space Agency, alongside fire propagation modeling and real-time alert systems to detect wildfires significantly earlier than traditional tools. Offered as a SaaS-based solution, Satellites on Fire serves enterprises, insurers, and government agencies across multiple continents.
Funding Details
Company: Satellites on Fire
Raised: $2.7M
Round: Seed
Funding Date: April 2026
Lead Investor: Dalus Capital
Additional Investors: Draper Associates, Draper Cygnus, VitaminC, Savia Ventures, Avesta Fund, Reciprocal, Zenani Capital, Innventure, Air Capital, Gain VC, Antom VC, Embarca Tech
Company Website: https://www.satellitesonfire.com/
Software Category: AI Climate Tech / Wildfire Detection
Source: https://thenextweb.com/news/satellites-on-fire-wildfire-ai-raises-2-7m