BurnBot raises $20 million
BurnBot, a San Francisco-based developer of mechanized vegetation management, fuel treatment solutions, and other technology designed to prevent wildfires, has raised $20 million in a round led by ReGen Ventures, with participation from Toyota Ventures, American Family Ventures, Convective Capital, Blue Forest Asset Management, Skip Capital, Overture Ventures, Lowercarbon Capital and Pathbreaker Ventures.
Founded in 2022, BurnBot builds and operates “advanced technologies” like mechanized prescribed fire systems, remote-operated masticators, and aerial ignition drones to deliver solutions that amplify the pace and scale of fuels treatment, reducing ignitions near critical infrastructure, fortifying homes & communities from destructive wildfires and restoring habitats.
“We know that to prevent destructive wildfires, we need to reduce ignitions around critical infrastructure, we need to fortify homes and communities with fuel breaks, and we need to restore our forests, grasslands, and watersheds with beneficial fire. BurnBot exists to amplify efforts across all these areas. We are delighted to have the commitment from this investor group, which will allow us to scale our manufacturing and field operations, advancing towards a future that is resilient against destructive wildfires.” – Anukool Lakhina, Co-Founder and CEO of BurnBot.
“BurnBot has invented, designed, and launched the world’s first robot for scaling ‘good fire. At ReGen Ventures, our thesis is to invest in category creators that leverage a convergence of technologies to create planetary-scale solutions to planetary-scale problems. BurnBot’s fully integrated prescribed fire solution, utilizing remote precision technology to regenerate land, prevent catastrophic wildfires, and protect lives, property, and the planet does just that. We are delighted to partner with Anukool and Lee to scale BurnBot across the U.S. and globally.” – Dan Fitzgerald, Managing Director of ReGen Ventures.