Uponor raised its stake in intelligent leak detection startup Phyn from 37.5% to 50% through the investment, having provided $15m when it launched.

Plumbing products provider Uponor provided $10m of funding for US-based smart water monitoring device developer Phyn, a joint venture between Uponor and connectivity technology producer Belkin, on Tuesday.

Founded in May 2016, Phyn is developing a smart home device called Phyn Plus that uses sensors and machine learning technology to detect leaks by measuring small changes in pressure in plumbing systems.

Once Phyn Plus detects an issue within a system it can prevent damage by suspending the water supply. It…