On April 2, 2024, BurnBot, a tech forward provider of wildfire mitigation, vegetation management, and prescribed fire operations, announced it has raised $20 million in financing to expand its mechanized vegetation management and fuel treatment solutions to prevent destructive wildfires. The round was led by ReGen Ventures, with participation from Toyota Ventures, AmFam Ventures, Convective Capital, Blue Forest Asset Management, Skip Capital, Overture Ventures, Lowercarbon Capital, and Pathbreaker Ventures. Wilson Sonsini Goodrich & Rosati advised BurnBot on the transaction.
As the frequency and severity of wildfires increase, preventing mass devastation requires scalable, fuels treatment for brush clearance, prescribed burns, and forest restoration. Composed of a team of wildland firefighters, scientists, engineers, prescribed fire practitioners, and forestry professionals, BurnBot is addressing these challenges with its system of technologies that amplify workforce capacity to conduct safe, efficient, and ecological fuels treatment from mastication to prescribed fire.
The Wilson Sonsini team that advised BurnBot on the transaction included Robert Suffoletta and Tanner Kuenneth.
For more information, please see BurnBot’s press release.