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Funding round takes i2O Water investment to £31 million

First published on the Cleantech Investor website, November 2014

Smart pressure management technology company, i2O Water, has secured funding of £8 million, which will be deployed for a global roll out – and for further research and development. New investor, Ombu Group, has joined the i2O shareholder list, which includes Naxos Capital Partners and Nemadi Advisors (both of which also participated in the latest financing round). I2O Water has raised funding totalling £31 million since it was established in 2005.

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Smart Future: Water - 4 February 2015

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Water infrastructure around the world is riddled with inefficiency. Nearly 20% of water is lost in developed countries through leaks, theft or mismanagement, and this figure can rise to 75% in developing countries. Globally this represents nearly $14 billion per year in lost revenues, according to the World Bank. In a context of increasing need (OECD figures project that demand for water will grow by 55% by 2050) and a growing population (the wold population is expected to top 9 billion by 2050), it is becoming ever more crucial to find ways to reduce these losses and increase efficiencies in the system.

The water sector is often heavily regulated, with many utilities slow to change their practices, and the potential of many of today’s smart technologies has barely been tapped. The Path to Water Innovation Discussion Paper, a recent Stanford-led report, explored how innovation in the water sector can be accelerated through a revision of pricing policies, regulatory frameworks and financing.

The water market is changing and smart technologies are enabling that change. Join us at Smart Future: Water, a Cleantech Investor Breakfast Briefing sponsored by Marks & Clerk, 4th February 2015, to hear from expert investors and operators in the smart water market, as well as from companies at the cutting edge of innovation in the sector. Themes to be discussed at the event will include:

  • Drivers, risks and opportunities within the smart water market
  • Investor perspectives on smart water
  • The role and impact of real-time monitoring within the water sector
  • Water quality forecasting and management technologies
  • Technologies and innovation for water consumption and control

Expert speakers will include Laurie Reynolds of Aquamatix, Henri Lambert from Aspara Capital and Chris Shelley of Sentec.

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