SF-based Pano AI raises $20 mn to detect active wildfires using AI

San Francisco-based Pano AI, a startup building imaging systems to detect and prevent wildfires, raised $20 million in Series A funding. The round was led by Initialized Capital, with participation from Congruent Ventures, Convective Capital, DCVC, January Ventures and Quiet Capital. The startup installs 360-degree cameras that use AI to quickly detect a fire and alert local fire agencies.