StormHarvester, a Belfast, Northern Ireland, UK-based provider of automated water management software, raised £8.4M in Series A funding.
The round was led by YFM Equity Partners, with participation from Emerald Technology Ventures.
The company intends to use the funds to expand its product range and sales and marketing capabilities, and accelerate its growth into new markets, including Australasia and North America.
Led by CEO Brian Moloney, StormHarvester is an AI analytics / SaaS provider developing machine learning and hyperlocal rainfall prediction to offer operational and asset insight in wastewater networks. It uses analytics to help wastewater utilities prevent flooding and pollution through a prediction and anomaly detection approach. By enabling proactive interventions, the company helps to reduce the volume of pollutants entering natural water systems, supporting environmental sustainability and compliance with regulatory standards.
FinSMEs
23/01/2025