Matrix Wildfire

Backers per teamwildfire.com ('Primary Investors'), Cottonwood's release and founder Steve Wolf's LinkedIn acknowledgment. Naming: the company site lists 'Draper Associates' (see draper.vc portfolio), 'Muus Climate Capital' (= MUUS Climate Partners), 'Ecosphere Ventures Fund' (= Ecosphere Ventures) and 'Kingstone Asset Mgmt' (represented here by principal Brett Kingstone). Angels Logan Grizzel and Laura di Bonaventura are per the founder's acknowledgment. The seed is dated from SEC Form D filed 2023-10-19 (https://www.sec.gov/Archives/edgar/data/1998131/000199813123000001/primary_doc.xml): $3,670,000 offering, $2,670,000 sold to 15 investors, first sale 2023-10-05. Not sunset: SEC Form D filings continue through 2025-07-29, the Colorado Secretary of State lists Team Wildfire Inc. (Delaware, incorporated 2021-11-24, formerly PyroNemesis, Inc.) in good standing at 6859 N. Foothills Pkwy, Boulder, CO, and the company was still publishing as of 2026-07-31. A second raise appears on SEC Form D filed 2025-07-29 under Reg D 506(b) (https://www.sec.gov/Archives/edgar/data/1998131/000199813125000003/primary_doc.xml): $1,709,149 offering, $1,413,165 sold to 16 accredited investors, first sale 2025-03-10, equity, no minimum investment, no placement agents or commissions, about $296K left open. No press release accompanied it and no lead was named, a profile consistent with an insider and angel bridge rather than a priced institutional round. Non-dilutive: two Colorado OEDIT Advanced Industries Early-Stage Capital and Retention grants of $250,000 each, announced 2024-05-16 for the jet-engine wildfire machine (listed then as Longmont, CO) and 2026-05-21 for a biodegradable, non-toxic fire-retardant platform (listed as Boulder, CO). Total shown is the $3.7M seed plus the $1.4M sold in 2025 plus $0.5M in state grants. Brand: the company now trades as Matrix Wildfire (matrixwildfire.com), whose site describes its journey as beginning 'under Team Wildfire' and lists the identical investor set. The legal entity is unchanged - no entity named Matrix Wildfire appears in Colorado Secretary of State records or SEC EDGAR full-text search, the Colorado registration remains Team Wildfire Inc., and the May 2026 OEDIT grant was awarded to Team Wildfire Inc. Listed here under the current brand with the former name retained; /capital/company/team-wildfire/ redirects to this page. Two further capital events are on record but carry no bookable amount. A Regulation CF campaign on Wefunder, Form C filed 2023-04-03 under the former name PyroNemesis Inc. (SEC CIK 1942308), offered a SAFE at a $12.5M valuation cap with a 5% discount, a $50,000 target and a $1,235,000 maximum, and closed having raised nothing: zero investors, no Form C-U and no Form C-AR (https://www.sec.gov/Archives/edgar/data/1942308/000167025423000283/primary_doc.xml). In July 2025 the company's Storm Cell won undisclosed prize money at the Central Florida Tech Grove Wildland Fire VT Challenge, sponsored by the Department of Defense's SERDP and ESTCP programmes; third place in that challenge was $30,000. PitchBook and Kingscrowd both record about $568,000 of prior capital, consistent with the $500,000 of long-term debt and $24,103 of short-term debt on the FY2021 balance sheet in the Form C, but no primary document sizes it as a round. Officers of record: the 2023 Form D names Andrew Amalfitano and Stephen Wolf as executive officers with Logan Grizzel and Cottonwood's David Blivin as directors, signed by Jason D. Gabbard as corporate secretary; the 2025 Form D names Brett Kingstone as executive officer and director and Tim Krebs as executive officer, with Wolf remaining as a director only, signed by Krebs as CFO.