Exclusive: Wildfire startup Rain raises $9.7M led by DBL

Axios Pro: Climate Deals

-  By Katie Fehrenbacher

A Rain autonomous aircraft tests out fire-retardant spray. Photo: Courtesy of Rain.

Rain, a startup building aerial firefighting tech, has closed a seed round of $9.7 million led by DBL Partners, the company tells Axios exclusively.

Why it matters: Wildfires are a massive and growing climate problem across the globe, and fire agencies need better tools to stop them more rapidly.

Details: The Alameda, Calif.-based startup, which equips autonomous aircraft with firefighting capability, said other participating investors include VoLo Earth Ventures, Kapor Capital and Convective Capital.

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