Aquacue, a US-based software company providing wireless metering technology backed by Denmark-based industrial group Grundfos, has exited to New York-listed trade buyer Badger Meter for an undisclosed amount.

In September 2011, Grundfos opened a water technology centre in California, US, having earlier in the year added an observer to Aquacue’s board.

Jeff Barnes, partner at Clean Pacific Ventures, said on the Global Corporate Venturing LinkedIn group he was “pleased to announce our first closed liquidity event.

“As an active board…

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