Ketos, a San Francisco, CA-based water intelligence company, raised $10M in additional equity funding.
The round was led by Tenfore Holdings, with participation from Danu Venture Group and existing investors Broadway Angels, Plum Alley Ventures, Plug and Play Ventures, and Accenture, who serves as both an investor and strategic resale partner.
The company intends to use the funds to advance its go-to-market strategy and expand its presence globally across the nine countries where it operates.
Led by CEO and Founder Meena Sankaran, Ketos provides real-time water analytics and intelligence to enable smarter and sustainable farms, cities, and industries. Through its machine learning and predictive technology, it enables improved efficiency, operations, yield, compliance, and treatment choices by measuring parts per billion (ppb) specificity & standardized water metrics. Its solutions include an integrated offering of an industrial-grade, patented robotics system, an IoT communication framework, and a robust AI-enabled software platform to address global water management issues, while providing mission-critical insights and 24/7 services for operators across all industries.
The company also announced the appointment of two new Strategic Advisory Board members and two new Board Directors to support its growth trajectory, including:
- Director – Jennifer Helle, North American Chemicals and Natural Resources Industry Lead for Accenture;
- Director – Jim MacIntyre, a serial entrepreneur with a 25-year track record supporting technology innovation and a board member and investor for several leading technology companies;
- Strategic Advisor – Dr. Neil Hawkins, President, Michigan Sustainability Associates, Harvard professor, leading global expert in sustainable business practices and sustainability policy and former CSO for Dow Chemical; and,
- Strategic Advisor – Biju George, Former Executive VP of DC Water and globally recognized leader in water treatment technology and science.
FinSMEs
21/05/2024