Funding

Pluvion funding news – Freiburg-based Pluvion Secures €1 Million in Pre Seed Funding

Oct 1, 2024 | By Team SR

Freiburg-based Pluvion Secures €1 Million in Pre Seed Funding

Pluvion, formerly Grimm Water Solutions GmbH, an innovative Water Tech company from Freiburg, secures €1 million in pre seed funding with prominent investors.

SUMMARY

  • Pluvion, formerly Grimm Water Solutions GmbH, an innovative Water Tech company from Freiburg, secures €1 million in pre seed funding with prominent investors.
  • In the sphere of water management, Pluvion stands for clever and forward-thinking software solutions.

The investment was led by Heilbronn-based AI investor D11Z and includes kopa Ventures and the Start-up BW Seed Fund, which is managed by MBG Mittelständische Beteiligungsgesellschaft Baden-Württemberg. The development and expansion of Pluvion's innovative AI-driven software solutions for the water management sector will be accelerated by this funding infusion.

Pluvion is a brand for creative and progressive water management software. It provides cutting-edge technologies for water and wastewater network monitoring and optimization with the goal of maximizing the sustainability and efficiency of water infrastructures.

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Pluvion aims to provide a wide range of software as a service (SaaS) solutions for the water sector. Wastewater utilities can effectively detect, locate, and anticipate foreign water infiltration in sewer networks with the use of their initial product, WATER+.

Their AI-driven strategy is 10 times more economical than traditional techniques and makes use of the sensor data that is already accessible. It also makes predictive maintenance and live monitoring possible, revolutionizing the management of water networks.

Phillip Grimm, CEO of Pluvion said, “Our investors share our commitment to resilient water management and at the same time understand how highly scalable AI products work. With their support, we can take our AI-based software product to the next level and conquer new target markets,“.

With this additional finance, Pluvion will be able to better integrate WATER+ into the current infrastructure and increase its market presence. Furthermore, the investment makes it possible to create fresh approaches to pressing problems, like those brought on by extreme weather conditions like flooding and excessive rain. Robust collaborations with well-known water industry data and infrastructure suppliers guarantee the smooth integration of Pluvion's solutions and compliance with all client specifications.

Jan Ludwig, Investment Manager at D11Z Ventures said, “Software solutions such as WATER+ can significantly improve the performance of wastewater systems through data-based analysis and automation, leading to better environmental results and economic benefits in the long term. As an investor, we are convinced that the water industry will benefit greatly from digitalization. Pluvion makes an essential contribution to the digital transformation and the responsible use of water,“.

About Pluvion

In the sphere of water management, Pluvion stands for clever and forward-thinking software solutions. By creating cutting-edge technology for wastewater and water network optimization and monitoring, they hope to maximize the sustainability and efficiency of water infrastructures.

Their goal is to make intelligent software solutions more accessible to all people. Modern technology, in our opinion, ought to be available to all parties, including water suppliers, big businesses, and tiny towns.

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