HULO, a Dutch WaterTech startup specializing in AI-driven leak detection for water infrastructure, has raised €2.3 million in seed funding to support its global expansion and enhance its technological capabilities.
Target Information
HULO is a Dutch WaterTech startup based in Leeuwarden that specializes in utilizing artificial intelligence to detect leaks in water infrastructure globally. Recently, HULO successfully raised €2.3 million in a seed funding round following a previous pre-seed round of €800,000, demonstrating significant investor confidence in their innovative approaches to water management. The company’s software-as-a-service (SaaS) platform leverages existing data from utility systems to efficiently identify, localize, and prioritize leaks and anomalies without the need for additional hardware.
The platform uniquely combines advanced AI capabilities with physics-based models to comprehend the dynamic behavior of various water networks. This seamless integration into current utility operations eliminates the requirement for new hardware installations or the segmentation of district metered areas, enhancing overall operational efficiency.
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Industry Overview
The Netherlands is globally recognized for its expertise in water management, given its unique geographical challenges and historical commitment to effective water infrastructure. However, as climate change intensifies, water scarcity has em
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Disclosed details
Transaction Size: $2M