Suez Group has paid an undisclosed amount for water flow analytics provider Inflowmatix after investing $3.4m in the company in 2019.
Inflowmatix, a UK-based provider of water flow analytics services for utilities, has been acquired by one of its investors, water and waste treatment firm Suez Group, for an undisclosed sum.
Founded in 2015, Inflowmatix has developed a high-frequency pressure monitoring and data analytics platform that allows water utilities to gain near real-time insights into their networks. Its technology has been deployed by Suez in several products.
The company most recently secured $3.4m from Suez Ventures, the corporate venturing arm of…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
