Fluid Analytics Raises $1.6M Pre-Series A Round

Fluid Analytics was in the 5th cohort of Santa Cruz Works Accelerates.

Flourishing in the combat against urban water pollution, cleantech innovator Fluid Analytics Inc. has recently secured a commendable $1.6 million during their pre-Series A funding round. The financing round was spearheaded by Pravega Ventures and paves the way for the company's ambitious growth plans across North American territories.

Established with environmental stewardship at its core, the venture founded by visionaries Nidhi Jain and Asim R. Bhalerao in 2022, centers its sophisticated platform on the utilization of artificial intelligence to provide data analytics for solving urban water pollution. The company’s technology is helping cities monitor and control sanitary sewer overflows (SSO) and inflow and infiltration (I&I). Fluid Analytics technology can help prevent the proliferation of water-related diseases on a comprehensive scale by extensively tracking water infrastructure for potential contamination and system failures.

At the helm, CEO and Co-founder Asim Bhalerao lauds the company's milestones, including esteemed acknowledgment from the World Economic Forum. With passion and appreciation, he remarks on the startup's ongoing efforts and steadfast aim to evolve into a vanguard of the water analytics sector.

Pravega Ventures identifies Fluid Analytics as an investment of strategic significance in the face of escalating global water dilemmas, further exacerbated by climate change repercussions and burgeoning populous demands. The funding is a testament to their belief in the enterprise's essential mission to enhance water quality globally and fortify water systems against the oncoming tides of environmental challenges.

Fluid Analytics sets its sights beyond the horizon with an ambitious goal of targeting expansive operational growth within North America and leveraging its advancements into the Indian market. Having forged advantageous alliances with utility companies stateside, the company has monitored and reported significant volumes of urban wastewater mishaps, proving instrumental in steering efforts toward efficacious wastewater treatment and recycling measures.

In India, more than 50% of water is lost in distribution

Despite the turbulent waters synonymous with the cleantech industry and tech industry as a whole at the moment, this recent financial injection signifies a robust vote of confidence and showcases an unwavering conviction in Fluid Analytics' profound commitment to pioneering clean water innovations, advocating for a future defined by resilience and freedom from water pollution.

To the cleantech enthusiasts, this development signals a turning tide, a surging wave of technological advancement and environmental consciousness where Fluid Analytics Inc. stands at the forefront, setting a precedent for a clean, sustainable world.

About Fluid Analytics
Fluid Analytics has successfully deployed solutions for helping cities control sanitary sewer overflows (SSO) and inflow and infiltration (I&I). The company has monitored over 400+ million gallons (1.5B liters) of urban wastewater spills and enabled the treatment and reuse of 200+ million gallons (800M liters) daily. The company continues to monitor a population of over 17.5 million for water-borne diseases, as an indicator of drinking water contamination. Its turnkey, solutions-oriented business model empowers cities to combat water pollution sustainably, collaborating with utilities, contractors, and engineering firms. For more information, visit fluidanalytics.ai.