Rain’s Funding Round Featured as Exclusive in Axios

by Alder & Co. | September 21, 2023

Alder supported Rain’s desire to announce their $9.7M seed round close by securing an exclusive in Axios Pro, generating visibility for this important company milestone in a top-tier business vertical.

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.…Rain, founded in 2019, will use the funding to deploy pilot projects for its systems, which pre-position autonomous aircraft in wildfire-prone regions and leverage data from early fire- and lightning-detection systems.

Rain co-founder and CEO Maxwell Brodie said he was inspired to develop the technology after a large portion of his hometown of Kelowna, British Columbia, was destroyed in a catastrophic wildfire in 2003.

Read more about Rain’s seed funding announcement in Axios.

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