Aquarius Spectrum

Description

•  Aquarius Spectrum is an Israeli startup based in Tel Aviv. Founded in 2009, the company develops a system of sensors and software that work "harmoniously to monitor utilities’ water pipe systems".

• Its monitoring system helps detect and fix leakages, thereby preventing the leaks from becoming a serious issue. Also, Aquarius Spectrum's technology pinpoints the location of a leak without having to excavate.

Funding

• The company has raised a total of $2.2 million so far. Its last funding was a Series A round.

Accomplishments and Strengths

• Aquarius' technology helped HaGihon achieve a 20% decrease in its NRW (Non-Revenue-Water). Also, the company experienced a continuous decrease in pipe bursts.
• The Israeli startup also helped Welsh Water achieve "significant MNF reduction in Cardiff DMA".
• This company was featured on the 2016 Global Cleantech 100. It also won "​1st place in ​Transport & Storage category at Amsterdam International Water Week".
• Also, Aquarius ​Spectrum has "received a vote of confidence from Hutchison Water with an investment of $2.2 [million]".