Syrinx Raises over £2M in Financing

Syrinx, a Norfolk, UK-based based trunk mains monitoring specialist, raised over £2m in financing.

London Business Angels (LBA) angels invested £178k in the round. The other investors remained unknown.

Other backers included the Low Carbon Innovation Fund, the Angel CoFund, as well as a number of other individual angel investors.

The company intends to use the funds to accelerate its growth nationally and internationally.

Led by John Polden, Chairman, and James Dunning, CEO, Syrinix develops water infrastructure monitoring technology to help clients plan, operate, maintain and manage pipeline networks and work from real-time information to reduce catastrophic failures and improve maintenance and durability.
Its TrunkMinder system uses monitoring devices (including a hydrophone, geophone, pressure sensor and optional flow monitor) and big-data analysis to stop pipeline bursts and other problems before they happen.
The company’s TransientMinder service is focused on the detection and identification of pressure transients within a network of pipes to enable clients to detect and remedy the causes.
Syrinix is working to expand internationally.



Join the discussion