Mexican venture capital firm Dalus Capital is investing US$2.7 million in Argentine climate tech startup Satellites on Fire. The investment underscores the firm’s strategic push to back Latin American technologies addressing global climate challenges through artificial intelligence and infrastructure optimization.

The US$2.7 million funding round for Satellites on Fire included participation from Draper Associates, Vitamin C and Draper Cygnus VC. The startup specializes in an AI-driven platform that detects forest fires in real time by integrating satellite data, ground-based cameras and fire propagation simulation models. According to the company, its system identifies outbreaks an average of 35 minutes faster than existing monitoring systems from NASA.

“Satellites on Fire has demonstrated that, through the intelligent use of AI and real-time satellite data processing, it is possible to anticipate environmental catastrophes with a level of precision and scale that was previously unthinkable,” said Diego Serebrisky, co-founder and managing partner, Dalus Capital.

The platform currently monitors territories across 21 countries on four continents. Its clients include companies in the forestry, agriculture and energy sectors, as well as carbon projects and government entities. Regional corporations such as Genneia and Cervecería y Maltería Quilmes use the technology to protect their operations. Satellites on Fire serves approximately 55,000 users under a freemium model and has refined its algorithms through more than 20,000 field validations.

“In 2025, our system supported responses to more than 600 wildfires,” said Rodríguez Viau. With the new capital, the startup plans to enhance its AI models, expand into the U.S. market and launch a parametric insurance product for forest fires in partnership with Aon.

The investment complements a separate transaction completed in February 2026, when Dalus Capital participated in a $3.1 million Pre-Series A funding round for Enerlink, a Chilean company specializing in electric vehicle charging solutions. The round was led by Kayyak Ventures and included Inder, VX Ventures and businessman Carlos Marinetti.

Following the funding round, Enerlink said it aims to become Mexico’s leading EV charging software provider by year-end. The company currently manages more than 390 charging connectors and has processed over 180,000 transactions in Mexico. The new funding will support enhancements to its proprietary platform, which enables remote management and real-time optimization for charging stations and EV fleets.

Founded in 2015, Dalus Capital has completed more than 24 investments in regional startups, including Clip, Kubo Financiero and Xertica. “We look for companies that use technology to solve the most critical problems on the planet,” Serebrisky said.