- Investments led by Baraúna Investimentos and supported by Indicator Capital.
- The funds will boost the expansion of their Pantera AI-platform.
The round saw major contributions from Baraúna Investimentos and Indicator Capital, along with additional support from The Yield Lab Latam and Rural Ventures. This funding will enhance the capabilities of umgrauemeio’s Pantera platform, which uses AI to detect forest fires and reduce CO₂ emissions through high-resolution security cameras mounted on communication towers.
Pantera’s technology is currently monitoring over 17.5 million hectares across Brazil, including 10 million in forests and native areas, with a significant focus on the Amazon and Pantanal regions. The system provides 24/7 monitoring and can detect fire outbreaks within seconds, alerting operators and initiating rapid response protocols to combat fires effectively.
In addition to technological innovation, umgrauemeio is actively seeking partnerships to expand its Embrace the Forest project, particularly in the Amazon. The project aims to protect and manage 2.5 million hectares of native forest in the Pantanal, a crucial carbon reservoir and UNESCO-listed site. CEO Rogerio Cavalcante emphasized the importance of quick detection in firefighting and the company’s commitment to a sustainable economy that includes the preservation of forests.
The company, which reported revenues of $3.6 million in 2023 and projects an increase to $4.6 million in 2024, has also gained international recognition. It won the startup challenge at the Brazil Climate Summit in New York and was invited to participate in COP28 in Dubai. For more information on umgrauemeio and its initiatives, visit www.umgrauemeio.com.
