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Dryad Networks Raises €5.6M for Wildfire Detection

Dryad Networks has raised €5.6 million in convertible financing for its early wildfire detection technology, with a total round of €10 million. 

This investment reflects confidence in Dryad’s core tech, Silvanet, which uses solar-powered AI gas sensors for early detection. This recent funding will go towards the development and deployment of Silvanet to protect against wildfires globally. 

Dryad has deployed Silvanet in over twenty countries using more than 30,000 sensors. By focusing on early detection, Dryad is not only saving lives and habitats, but also aiming to significantly reduce CO2 emissions due to forest fires.

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