Comment on Water quality and distribution monitoring software Ketos raises $18 million

Water quality and distribution monitoring software Ketos raises $18 million

Water quality and logistics monitoring software Ketos has raised $15 million from a group of investors to take advantage of the growing demand for better water management tools and technologies. The potential for more stringent regulatory oversight of industrial water use and wastewater management from local, state and federal government coupled with increasing consumer and investor demands for better corporate environmental stewardship is driving an unprecedented adoption of technology and services aimed at increasing conservation and reducing waste across industries. Water monitoring can also provide relevant information to public officials about the potential for disease outbreaks and other health related issues in a population. Recently, monitoring wastewater streams have been used to detect outbreaks of the virus that causes COVID-19. The renewed attention on water is one reason why an investment arm of the banking giant Citi joined lead investor Motley Fool Ventures and Illuminated Funds Group to come as new investors into Ketos.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News