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Dryad Networks

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Solar-powered IoT network for ultra-early wildfire detection

Eberswalde, GermanyFounded 2020Security
Valuation $50–100M Last recorded · 2024
Revenue $10–50M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Dryad Networks and the history behind them.

About Dryad Networks

Dryad Networks is an environmental IoT startup that provides solutions for the ultra-early detection of wildfires and for monitoring the health and growth of forests. The company was founded in 2020 in the Berlin-Brandenburg region of Germany by CEO Carsten Brinkschulte and co-founder Marco Bönig. Brinkschulte, a serial entrepreneur in the telecommunications industry, was inspired to find a technological solution to combat wildfires after witnessing the devastating fires in the Amazon in 2019 and his daughter's involvement in the Fridays for Future climate movement.

Dryad's core product is Silvanet, a large-scale IoT network designed for deployment in remote forests that lack mobile network coverage. The system uses solar-powered sensors with embedded AI to detect the gaseous composition of the air, including hydrogen and carbon monoxide, which are released during the initial smoldering phase of a fire. This allows Silvanet to detect wildfires in under 60 minutes, a significant improvement over traditional camera or satellite-based systems that can take hours to detect a smoke plume. The sensors are non-invasive and do not use batteries, instead relying on supercapacitors and solar panels to eliminate fire risk.

The Silvanet infrastructure consists of several key components: the AI-powered Wildfire Sensors, solar-powered Mesh Gateways that create a distributed LoRaWAN mesh network, and Border Gateways that connect the forest network to the cloud platform via cellular, ethernet, or satellite. This cloud-based dashboard allows clients to monitor forest conditions, receive real-time alerts with geo-coordinates, and analyze data. Beyond wildfire detection, the network can be expanded with third-party sensors to monitor various ecological metrics like tree growth, soil moisture, and fuel moisture levels.

Dryad operates on a B2B model, selling its Silvanet system through a global network of resellers to public and private forest owners, government agencies, utilities, and infrastructure companies. The business model involves the sale of the hardware and an annual subscription fee for the cloud platform. The company has secured significant funding from various investors, including eCAPITAL, Toba Capital, and TIME Ventures, and has received grants to further its technology. As of early 2025, Dryad has customers in over 20 countries and is expanding its deployments globally. Looking ahead, the company is developing an autonomous drone-based system, codenamed "Florian," designed to suppress fires at their inception.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
Eberswalde, Germany
Employees
44
Open positions
None listed
Dealroom signal
63.4/100
Industry
Security
Sub-industry
Public safety
Sector
Security, Forestry, Sustainable Development Goals, Space Tech, Biodiversity, Climate Tech, ESA, ESA SME, Wildfire
Technology
Hardware, IoT InternetOfThings
Business model
Manufacturing
Client focus
b2b

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Oct 2024 $6.9M $58M First Imagine! Ventures · European Regional Development Fund ↗
CONVERTIBLE✓Equity / VC Mar 2024 $6.2M $58M Undisclosed ↗
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Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMargin
2026
2025
2024
2023
2022 —
2021 — — — —
2020 — — — —
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Growth signals

Dryad Networks website traffic

Latest recorded traffic for Dryad Networks is 21K monthly website visits, down 4.5% over the last three months. Dryad Networks's team declined 17% over the past year.

Latest monthly visits21K 3-month web change-4.5% 1-year team growth-17%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Open positions

Openings linked to this company in Dealroom
1 distinct opening shownExplore hiring signals →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

17 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed6 investors entered at this stage

  • LEAG
  • ISAR AG
  • Brandenburg Kapital
  • STIHL Digital
  • European Regional Development Fund
  • ProFIT Brandenburg

Series A6 investors entered at this stage

  • eCAPITAL
  • Semtech
  • Toba Capital
  • Time Ventures
  • TELUS Pollinator Fund for Good
  • First Imagine! Ventures

Other known investors5 additional known investors

  • Aurelia Ventures
  • Data Tech Fund
  • Juniper
  • Kayak Ventures
  • TenNine VC.
Team profiled 14 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 7 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇩🇪 Germany91.2%
🇬🇧 United Kingdom5.9%
🇺🇸 United States2.9%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Dryad Networks on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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