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Overstory raised $43 million to boost AI-powered wildfire prevention tools for utilities.
Overstory, a climate-tech company providing AI-driven vegetation intelligence to utilities, has raised $43 million in Series B funding led by Blume Equity.
The company will use the funds to expand its wildfire prevention and grid resilience tools, including a new Fuel Detection Model that uses satellite data and machine learning to identify high-risk vegetation at the individual tree level.
This enables utilities to target maintenance more precisely, reducing outages and fire risks.
Overstory serves six of the ten largest utilities in the Americas and has grown to over 80 employees across 16 nationalities.
The funding supports global expansion and further innovation in climate-resilient infrastructure.
Overstory recaudó $43 millones para impulsar herramientas de prevención de incendios forestales impulsadas por IA para servicios públicos.