Soneter, which manufactures water flow and leak sensors, has raised $6m at the same time as it signed a strategic agreement with Flextronics.
US-based sensor development company Soneter has raised $6m in funding and agreed a strategic partnership with supply chain logistics company.
The round was led by GRA Venture Fund, the commercialisation arm of the Georgia Research Alliance and a fund that supports start-ups emerging from the US state of Georgia’s universities, and also featured Flextronics.
Soneter’s sensors provide water leak detection, sub-metering and usage information. The new funds will be used for market expansion.
Jeff Leaders, president and chief executive of…
