Imperial Innovations, the technology transfer unit of Imperial College London, has launched Inflowmatix, a water flow analytics firm.
The tech transfer unit is also seed investing £1m ($1.56m) of its own cash to get Inflowmatix off the ground.
Inflowmatix draws on research conducted within Imperial’s Department of Civil and Environmental Engineering. The company is built around its InfraSense product, which allows for continuous monitoring and analysis of hydraulic in water distribution systems.
Dr Ivan Stoianov, founder of Inflowmatix, said: “Much of the existing water infrastructure in many countries is approaching the end of its usable lifetime while expected to provide high quality of service to increasing population. In London, for example, almost half the water pipes are over 100 years old and many pumping stations are more than 40 years old. The optimal use of limited resources require continuous and near real-time information about the hydraulic behaviour of such complex systems to optimise their performance and improve incident management. Imperial Innovations has been very supportive throughout the development and spinout process and I am very pleased that they have also decided to back us.”
