Thrilled to support Matt Johnson, Bibi Nelson, and the incredible LAIIER team as they scale their vision to make infrastructure smarter, safer, and more sustainable.
📣 We’re delighted to announce that we’ve raised a $4M Seed Extension round to support our continued commercial expansion in North America! Damage and downtime from liquid leaks in commercial buildings and industrial equipment is a costly $19B+ annual problem that traditional leak detection methods don’t adequately address. We’re excited to offer even more commercial and industrial real estate owner operators a more reliable solution that positively impacts both financial and environmental metrics. 🙌 Huge thanks to our investors: the lead Closed Loop Partners' Ventures Group; existing investors Burnt Island Ventures and Mundi Ventures who participated again in this round; and new participants Bonaventure Capital, Carlisle Ventures, One Small Planet, and Virta Ventures! Read the full announcement: https://lnkd.in/ehDpmi7U #LAIIER #Investment #LiquidLeaks #LiquidLeakDetection #Growth #Expansion #Fundraise #InvestorLove