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FIDO Tech
AI for water leak detection
- 21-100 employees
- B2B
- Artificial Intelligence
- Enterprise
- Internet of Things
- Ambrosden, UK
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Company mission
To drive the change for a future without water scarcity.
Our take
Water is a finite and increasingly precious resource, and due to a number of factors such as population growth, climate change, and aging water infrastructures, many regions around the globe are grappling with water security issues.
FIDO Tech is tackling this urgent problem by leveraging AI to identify and address water system leaks, prioritise maintenance of the most pressing problems, and manage demand efficiently. By doing so, the company helps support sustainable water use while minimising environmental impact, ultimately contributing to a more water-secure future for all.
This innovative approach hasn't gone unnoticed, and FIDO closed a successful funding round in 2022. This injection of capital continues to enable the company to expand its reach and accelerate its mission, as it eyes up further expansion abroad.
Kirsty
Company Specialist at Welcome to the Jungle
Company values
- Be brave
- Be curious
- Leave no-one behind
Funding (last 2 of 3 rounds)
Oct 2022
$7.6m
EARLY VC
Feb 2022
$1.9m
SEED
Total funding: $9.9m
Leadership
Victoria Edwards
(CEO)Previously the Managing Director at Synaptix. Founded FIDO Tech in 2014 and served as the Managing Director until 2019 when they became the CEO.