Cleaner Tech

New Venture Fund Will Only Back Tech Combating Wildfires

Convective Capital is cutting checks to support the latest in “firetech.”

Firefighters saw trees on a hillside in order to open the path for bulldozers during the Mosquito Fire near Foresthill, California, on Sept. 7.

Photographer: David Odisho/Bloomberg
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Some venture capital firms specialize in fields like transportation or crypto. Convective Capital, a new investment vehicle based in California, will focus squarely on wildfires.