# Dryad Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dryad-networks

- Industry: Software
- Headquarters: Germany
- Website: www.dryad.net
- Total disclosed funding: $13M
- Latest round: Series A (Jul 27, 2023)
- Investors on record: 9

## About

Founded in 2020 by Carsten Brinkschulte, and based in Berlin, Germany, Dryad Networks GmbH, formerly known as Eywa Networks GmbH operates as a technology company that designs and produces IoT-based sensors to detect wildfires in private and public-owned forests. In July 2023, Dryad Networks GmbH raised Series A funding from TELUS Pollinator Fund for Good.

The firm’s products include the Silvanet Suite, which consists of solar-powered gas sensors, a mesh gateway, and a border gateway. This technology is based on LoRaWAN, an open standard for long-range IoT networks, enabling integration with third-party sensors and large-scale deployments without existing network coverage. Data from these sensors is processed using cloud-based analytics tools, offering insights for forest owners and public sector entities to monitor forest vitality, detect wildfires during the critical smoldering phase, and respond swiftly.

## Funding rounds

- Series A, Jul 27, 2023 — TELUS Pollinator Fund for Good
- Series A, Aug 23, 2022, $11M — eCAPITAL, Semtech Corporation, Toba Capital, STIHL Ventures, Time Ventures, Data Tech Fund
- Seed, Sep 10, 2020, $2.1M — Brandenburg Kapital, Isar Holding, STIHL Ventures

## Investors

- Brandenburg Kapital (https://capitalatlas.ai/funds/brandenburg-kapital) — Seed
- Isar Holding — Seed
- STIHL Ventures (https://capitalatlas.ai/funds/stihl-ventures) — Seed, Series A
- eCAPITAL (https://capitalatlas.ai/funds/ecapital) — Series A
- Semtech Corporation — Series A
- Toba Capital (https://capitalatlas.ai/funds/toba-capital) — Series A
- Time Ventures (https://capitalatlas.ai/funds/time-ventures) — Series A
- Data Tech Fund (https://capitalatlas.ai/funds/data-tech-fund) — Series A
- TELUS Pollinator Fund for Good (https://capitalatlas.ai/funds/telus-pollinator-fund-for-good) — Series A