🚀 🎉We’re building a smarter, more resilient future—and we just took a huge step forward!
I’m beyond thrilled to share that LAIIER has raised $4M in seed extension funding to accelerate our mission to transform how we detect and prevent liquid leaks in commercial and industrial buildings. This milestone isn’t just about capital—it’s a testament to the belief and trust our investors have placed in our vision to solve the $19B+ annual problem of liquid leaks causing damage, downtime, and environmental harm.
The round was led by Closed Loop Partners’ Venture Group, renowned for their leadership in sustainable innovation, and supported by existing investors Burnt Island Ventures and Mundi Ventures. Joining us for the first time are Bonaventure Capital, Carlisle Ventures, One Small Planet, and Virta Ventures. I’m deeply grateful to this incredible group for recognizing the massive opportunity we’re capturing—and for enabling us to scale faster and smarter.
Liquid leaks are a costly, overlooked issue that traditional methods can’t solve effectively. With our Severn WLD™, we’re delivering scalable, precise, and real-time solutions that detect as little as two drops of water, saving businesses money, time, and resources. Our technology is already deployed with Fortune 500 and FTSE 100 companies, protecting assets and making sustainability achievable at scale.
This funding enables us to:
• Expand across North America and Europe.
• Continue developing transformative products, including solutions for hydrocarbon detection.
• Grow our team and deepen our impact with customers.
For me personally, this moment is a reflection of the hard work, ingenuity, and perseverance of the LAIIER team and the belief of our incredible network of advisors, customers, and partners. I couldn’t be more proud of what we’ve accomplished—and more excited about what’s ahead.
To everyone who has supported us along the way: thank you. Your trust and encouragement fuel us every day. We’re just getting started, and I can’t wait to share what’s next!!
#Fundraising #Innovation #Sustainability #Growth #Teamwork
📣 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
Thank you Burnt Island Ventures - we are so grateful and excited to continue to work with you in this next stage of our growth!