Startups Think They Can Beat Wildfires, But Insurance Companies Aren’t Buying It Yet16 Aug 2023—Forbes
VCs are pouring millions into ‘firetech’ companies, even though their tools are a ‘drop in the bucket’ in terms of addressing this increasingly destructive problem.
By Cyrus Farivar, Forbes Staff
FFor venture capitalist Bill Clerico, the risk of wildfire is personal. Five years ago, the Peach Fire came perilously close to his second home in Boonville, California, burning along the only road to his property.
Horrified by that experience, Clerico began working as a local volunteer firefighter,...