Monday, August 15, 2022

Technosylva Snags Private Equity Funding For Wildfire Risk Analysis

La Jolla-based Technosylva, which is developing wildfire simulation modeling software, said this morning that it has received a strategic growth investment from private equity investor TA. Financial terms of that investment were not announced. Technosylva says its customers include California Department of Forestry and Fire Protection (CAL FIRE), Pacific Gas & Electric, San Diego Gas & Electric, Southern California Edison and PacifiCorp. The company said its products use fuel, vegetation, weather, terrain and energy assets to model millions of wildfire ignition probability and spread simulations daily.