SKion Water has backed SouthWestSensor in a Series A round to drive commercialisation of its sensor platform.
SouthWestSensor develops microfluidics based sensor platforms for continuous monitoring of pollutants and nutrients in water. The company aims to bring laboratory quality data to the point of need for improved water and wastewater management.
SouthWestSensor has secured Series A funding from SKion Water to support the development and commercialisation of its wet chemical water sensor platform. The fresh capital will enable the business to expand its measurement capabilities and formats, including new modules for dry installation sensor cabinets.
The investment aims to accelerate the company towards its commercial goals while exploring synergies across SKion Water portfolio companies. SouthWestSensor previously raised funds from seed round investors and completed a short deployment with a partner firm.
From the founder
"We are absolutely delighted to welcome SKion Water on board, a highly respected investor with a shared vision of the pivotal role that advanced sensing solutions will play in improved water management and digitisation of this key industry. Apart from the investment itself and SKion’s top-notch domain experience, we are already seeing the benefits of working with SKion’s portfolio companies, having just completed a 3-months sensor deployment with one of them. This provides a strong basis for further growth and integrated product and service offerings to reach our ambitious short and mid-term commercial goals. I would like to thank SWS founder, Dr. Xize Niu, our excellent team and previous Seed Round investors."
Oliver Hofmann
CEO at SouthWestSensor
Investor perspective
"We see a lot of potential in the platform sensor technology developed by SouthWestSensor and are looking forward to supporting the excellent team in the next steps entering the market. Due to the wide range of applications, we see many opportunities for collaboration in our portfolio which should help SouthWestSensor to overcome a few of the hurdles young technology companies face in the water sector."
Dirk Brusis
Managing Director, SKion Water
Use of funds
- 01Continue product development
- 02Expand into international markets
Investors
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About the company
SouthWestSensor
SouthWestSensor develops a wet chemical sensor platform for continuous monitoring of water quality.