InferSens: Raises GBP870K in Funding

InferSens Raises GBP870K in Funding

  • InferSens, a Cambridge, UK-based AI and machine learning liquid sensor company, raised GBP870K in funding
  • The round was led by RO Capital Partners, with participation from Oxford Innovation Fund, and Bruce Melizan
  • The company intends to use the funds to accelerate growth capital and to bring the product to market
  • The company is an AI and machine learning liquid sensor business which generates accessible data to enable users to non-invasively monitor the flow of any liquid in pipes
  • The business is of particular interest to building owners who are legally required to scrutinize the flow of water in properties for Legionella, with a fixed monthly fee charged per sensor.
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Truist Pilots Zelle Bill Payments, Strengthening Digital Banking Services

New pilot program aims to simplify bill payments through Zelle for customers.Highlights: Truist launches pilot program for Zelle...

ACI Worldwide Strengthens Payment Solutions with Cloud-Native Platform

New platform enhances support for eight U.S. payment networks.Highlights: ACI Worldwide launches a cloud-native payment platform.The platform supports...

LendingClub Rebrands as Happen Bank, Strengthens Digital Banking Services

The transformation aims to enhance customer engagement and streamline services.Highlights: LendingClub officially rebrands to Happen Bank.The rebrand focuses...

NatWest Strengthens Venture Banking by Partnering with AWS

Collaboration will enhance digital services for startups and scale-ups.Highlights: NatWest partners with AWS to launch a new venture...