Kando raises $10 million for wastewater intelligence platform
Kando raises $10 million for wastewater intelligence platform
The Israeli startup's solution, built on machine learning models trained on in-house IoT wastewater data, optimizes wastewater quality management.
Wastewater intelligence company Kando has closed a $10 million funding round, taking its total funding to date to $30 million. The round included DC Thomson, LIP, Ram-On Investments, Bridges Israel, ICI Frund, Aliaxis and OurCrowd. Kando was founded by Zohar Scheinin and Ari Goldfarb and operated as a bootstrap company in its early years.
Wastewater quality is a huge global challenge that impacts water availability, public health and the environment. The investment will drive Kando's global expansion, focusing on the U.S. and Europe. The Israeli startup's solution, built on machine learning models trained on in-house IoT wastewater data, optimizes wastewater quality management.
Kando leverages Generative AI to transform analytical insights and industry knowledge into actionable business actions. This approach aims to enable significant cost savings, enhances wastewater reuse, and supports sustainable urban water management in cities across the U.S. and Europe.