Convective Capital raises an $85 million fund to build disaster resilience

Convective Capital raised an $85 million second fund, expanding beyond wildfire tech into broader disaster-resilience investing.

The fund is backed mainly by institutions and targets companies that reduce physical-world risk from disasters.

Early bets include startups in forest management, home hardening, drone inspection, and insurance products.

The firm says rising disaster costs and pressure on critical infrastructure are creating stronger demand for these solutions.