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

Coinbase Receives Conditional Approval for National Trust Bank Charter

The approval marks a significant step for Coinbase in the financial sector.Highlights: Coinbase secures conditional approval for a...

Visa Survey Reveals Businesses Ready to Embrace AI in Commerce

Consumer hesitation contrasts with business enthusiasm for AI adoption.Highlights: Visa survey finds 76% of businesses ready to adopt...

Italy Fines Revolut €1.15M for Regulatory Violations

Revolut faces penalties due to non-compliance with Italian financial regulations.Highlights: Italy fines Revolut €1.15 million for regulatory breaches.The...

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after...