Parkwalk has contributed to a funding round for Inflomatix, a spinout from Imperial College London that previously closed a $4.3m series A round two years ago.
Inflomatix, a UK-based water analytics spinout from Imperial College London, received an undisclosed amount in funding today from spinout-focused investment firm Parkwalk Advisors.
The firm supplied the cash through its Parkwalk Opportunities Fund, participating alongside a range of unnamed investors in a funding round of undisclosed size.
Founded in 2015, Inflomatix has developed high-resolution sensors to measure water pressure and an analytics platform to detect fluctuations and alert companies to possible failures.
The company previously obtained $4.3m in a series A round backed by Touchstone Innovations, the commercialisation firm then known as Imperial Innovations, and Parkwalk Advisors in 2016. Touchstone already provided $1.6m in seed funding in 2015.
Both Parkwalk and Touchstone have been acquired by commercialisation firm IP Group since their initial investments in Inflomatix.
