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[Funding news] Brazil-based umgrauemeio Secures $3.6Million in Funding

umgrauemeio, a climatech monitoring platform provider secures $3.6million in funding. Baraúna Investimentos, Indicator Capital, The Yield Lab Latam, and Rural Ventures were among the backers. The money will be used by the business to increase operations and development initiatives.

umgrauemeio, a climatech monitoring platform provider secures $3.6million in funding. Baraúna Investimentos, Indicator Capital, The Yield Lab Latam, and Rural Ventures were among the backers. The money will be used by the business to increase operations and development initiatives.

Under the direction of its founder and CEO, Rogerio Cavalcante, umgrauemeio develops an integrated management and risk analysis solution known as Pantera. This solution uses artificial intelligence in a monitoring system that uses high-resolution security cameras installed atop communication towers. It can identify fire outbreaks automatically in a matter of seconds, notifying system operators and expediting firefighting protocols.

Read also – [FUNDING NEWS] CA-based Lamini Secures $25Million in Seed and Series A Round Funding

The company’s goals are to combat forest fires, lower CO2 emissions, and enhance smoke signal detection instantly.

About Umgrauemeio

Umgrauemeio has created a method that can identify fire breakouts in plantations and forests in three minutes on average. The technology and software in the system, which is available for purchase or rental, can automatically identify fire breakouts within a 15 km radius, or the equivalent of 20,000 hectares. The environmental and asset losses can be minimised by up to 90% by early identification of fire breakouts.

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