Imperial Innovations and Parkwalk Advisors co-invest in Inflowmatix

Spun out from the InfraSense Labs at Imperial College’s department of Civil and Environmental Engineering, Inflowmatix is a water network analytics firm. The company has developed tech that monitors water flow and pipe health for utilities providers – reducing operating costs, and increasing efficiency.

Inflowmatix has secured £4m of equity finance to date, with follow on investment from Imperial Innovations. Kelsey Lynn Skinner, Director of Technology Ventures at Imperial Innovations has praised Inflowmatix’s ability to successfully scale:

“Inflowmatix has made strong progress since our last round, engaging with customers and developing its end-to-end solution towards commercialisation.

“We have been working with Ivan Stoianov on Inflowmatix since its initial IP development and are delighted to continue our relationship with this new investment.”

Key players:

1.) Dr Ivan Stoianov, Director and founder

2.) Steve George, CEO

How much did they raise?

Inflowmatix raised £3m venture-stage investment. The company parted with a 59.4% equity stake, achieving a valuation of just over £5m.

Who funded?

Imperial Innovations, Parkwalk Advisors

Which companies are they up against?

SaveMoneyCutCarbon

Bury St Edmunds-based SaveMoneyCutCarbon provides money-saving water and energy efficient solutions for both businesses and consumers via its website. Founded by entrepreneur Mark Sait, previously of iBAHN and Digitalis Media ltd, the company ‘delivers its customers millions of pounds in savings per year’.

SaveMoneyCutCarbon has completed 5 rounds of equity finance to date, amounting to £1.18m. The company currently has a valuation of over £4.7m.

CatalySystems

Middlesbrough-based CatalySystems has developed water decontamination technology, with a commitment toward less wastage of the world’s freshwater. In 2014, the company won the Teesside Business Award for Innovation.

In July last year, Green Angel Syndicate invested £827k in CatalySystems in exchange for a 26.4% equity stake. Nick Lyth, Director of Green Angel Syndicate is confident in the company’s technology:

“CatalySystems is making strides in an important area of water treatment which requires urgent attention. Its progress in addressing the challenges industry is required to meet will bring benefits for water reuse everywhere.”