Convective Capital announced it has raised an $85 million fund to invest in disaster resilience technologies, marking an expansion of the firm's original mandate.

The venture capital firm initially focused specifically on fire technology investments when it launched. The new funding round will allow Convective to broaden its investment scope to encompass a wider range of disaster preparedness and response technologies.

The expansion comes as climate-related disasters continue to increase in frequency and severity across the United States and globally. The broader disaster resilience sector includes technologies addressing floods, hurricanes, earthquakes, and other natural disasters beyond wildfires.

Convective Capital's shift reflects growing investor interest in climate adaptation technologies as communities and businesses seek solutions to build resilience against extreme weather events and other natural disasters.