Origin Tech secures a multi-million-pound investment from BGF to drive international growth.
BGF has backed the water technology provider with new funding to accelerate product development and overseas expansion.
Origin Tech provides advanced engineering services and leak detection technology to the water sector. Its portfolio includes satellite-enabled detection systems and trenchless repair solutions.
Origin Tech has secured a multi-million-pound investment from BGF to support its ongoing expansion. Founded in 2019, the North East-based firm has developed artificial intelligence and satellite tools to locate and repair water leaks without traditional excavation. The new capital will be directed towards product development and international growth. BGF is a prominent growth capital investor in the UK and Ireland.
From the founder
"In 2019, we set out on a mission to become water industry innovators by blending technology and engineering to drive down water loss and protect the environment."
John Marsden
Director at Origin Tech
Investor perspective
"With John, Phil and the team delivering an exciting growth plan being scaled from the North East, Origin has all the hallmarks of becoming a real industry disruptor, pushing boundaries – both domestically and overseas – through its innovative satellite-enabled leak detection technology and trenchless leakage repair. Origin is on an impressive growth trajectory, with high aspirations for the future, and we’re delighted to be partnering with them on the next phase of their scale-up journey."
John Healey
Investor, BGF
Use of funds
- 01Continue product development
- 02Expand into international markets
Investors
Categories
About the company
Origin Tech
Origin Tech builds satellite-enabled leak detection and trenchless repair technology for the water industry.