The seed round was led by Green Angel Syndicate with participation from a syndicate of green investors and industry partners.
"This funding round will enable us to scale up our development and launch our business providing next-generation greenhouse gas monitoring. Our unique quantum Lidar is the right solution for the challenge of how to effectively measure industrial methane emissions, and meet the major commitments that the oil and gas majors have made to control their greenhouse gas emissions."
The over-subscribed funding round was organised by West Hill Capital to support the deployment of Lilli's machine learning care platform.
"The timing for this new preventative approach to care and integration of our smart technology is crucial in meeting the needs of ageing population, this has only been exacerbated by COVID 19. The role of technology has a vital role to play in the future success of care delivery across the UK and globally."
The Manchester start-up has raised six-figure funding from NPIF - Maven Equity Finance to develop new rheometer instruments.
"Ken is a driven leader in his technical field with a compelling strategy and vision for the company and we look forward to working with him in helping to drive the business forward."
Saudi Aramco Energy Ventures led the $5m round to support international expansion and technological development.
"We welcome this exciting collaboration with Saudi Aramco Energy Ventures as we step up the global response to CUI through the adoption of digital solutions. This investment demonstrates a surge of confidence from the sector in the use of real-time data systems that will accurately predict leakages and the onset of structural failure. With the worldwide cost of corrosion at $2.5 trillion, a co-ordinated effort cannot come soon enough. CorrosionRADAR is showing that a sustainable path to increased safety and dramatically reduced costs is achievable right now, using new technology and wireless connectivity."
The seed round was led by Crane Venture Partners to support international demand and product development.
"OpenSensors was founded to use data to measure, understand and improve the world around us. How we work and live are changing faster than we could have ever anticipated. There is a real opportunity for humanity to rethink how we use the physical world with sustainability in mind as well as making the design of workplaces better for people using them. Businesses need an efficient way to gather data about their office buildings to manage capacity so employees can return to the workplace safely and rethink design based on need rather than the status quo."
