Convective Capital is a venture fund backing early-stage disaster resilience and risk management startups in fire detection, autonomous firefighting, and forest management.
$85MFund II
Investor undisclosed
An $85M Fund II close signals insurance companies are finally writing bigger checks into climate risk—they're moving from hedging bets to conviction plays in fire tech. If you're building in adjacent risk verticals (flood, earthquake, supply chain resilience), this validates that LPs will fund companies solving *specific* loss events rather than vague sustainability angles, and that insurance balance sheets are the real customer to design around.