
30/11/2023
📢 Exciting news! We're thrilled to announce LUMO Labs and the Netherlands Enabling Water (NEW) Technology Fund have invested €800K in HULO.ai! 🚀
A spin-off of Wetsus, HULO.ai develops advanced AI algorithms to tackle water loss, a critical global challenge.
By leveraging , HULO.ai minimizes the need for extensive physical infrastructure checks, reduces water loss and ultimately contributes to the conservation of one of our most precious natural resources. 💦
The capital will be used to enhance HULO.ai’s cloud-based solution, making it highly scalable. The startup is poised to expand into new markets, targeting regions where water scarcity and leakage are most critical.
"The growing global demand for sustainable water management solutions is as urgent as it is important,” said Andy Lürling, Founding Partner of LUMO Labs. "We are drawn by HULO.ai’s potential to lead and transform the water management industry on a global scale with its cutting-edge AI technology.”
Welcome to the LUMO Labs family, Team HULO!
Thanks for sharing our good news, Silicon Canals! Read the full post here 👉 https://tinyurl.com/yzn946pm
Netherlands-based HULO.ai, a startup that develops advanced AI algorithms to tackle water loss, has secured €800K in a fresh round of funding from LUMO Labs