Axios Pro: Climate Deals

May 05, 2023

Axios Pro Exclusive Content

Happy Friday, climate techies!

Situational awareness: Editor Michael Flaherty here wishing happy trails and the very best for our colleague Megan Hernbroth, who starts a new chapter today. Here's one of my favorite articles of hers β€” one that detailed how a hedge fund managed to build the third-largest portfolio of U.S. solar projects.

1. Wildfire defense funding

The Fairview Fire near Hemet, California, in Riverside County on September 7, 2022. Photo: Patrick Fallon AFP via Getty Images

May 1 β€” Frontline Wildfire Defense, a San Francisco-based startup, raised $6.4 million in seed funding, the company exclusively told Megan.

Why it matters: Wildfire technology is a growing area of interest for climate investors, some of which have seen the affect of larger and stronger fires firsthand.

Read the rest of the article and Monday's newsletter

Plus: Monday's Pro Rata, chronicling the aftermath of Dominion's lawsuit

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