$10 million in fresh equity capital was secured by Ketos, a water intelligence startup situated in San Francisco, California.
Investors
- Tenfore Holdings
- Danu Venture Group
- Broadway Angels
- Plum Alley Ventures
- Plug and Play Ventures
- Accenture
Use of funds
The firm plans to utilize the money to further its go-to-market strategy and increase its worldwide footprint in the nine nations where it now does business.
About Ketos
Ketos offers real-time water analytics and intelligence to allow more intelligent and sustainable farms, communities, and businesses. The company is led by CEO and Founder Meena Sankaran. It measures parts per billion (ppb) specificity & standardized water parameters, enabling enhanced efficiency, operations, yield, compliance, and treatment decisions using machine learning and predictive technologies. In order to address global water management issues, its solutions include an integrated offering of an industrial-grade, patented robotics system, an IoT communication framework, and a robust AI-enabled software platform. These solutions also provide operators across all industries with mission-critical insights and round-the-clock services.
In order to support its development trajectory, the firm also announced the hiring of two new members of the Strategic Advisory Board and two new Board Directors. These individuals are:
- Director Jim MacIntyre, a serial entrepreneur with 25 years of experience fostering technological innovation and a board member and investor for several top technology businesses;
- Director Jennifer Helle, North American Chemicals and Natural Resources Industry Lead for Accenture;
- Two prominent figures in the field of sustainable business and policy are Dr. Neil Hawkins, a Harvard professor, President of Michigan Sustainability Associates, and a former CSO for Dow Chemical.
- Biju George, a former executive vice president of DC Water and a globally renowned leader in water treatment technology and science, is also a strategic advisor.
