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December 6, 2023

Now in Water Management: HULO.ai Secures €800K Investment Boost

Empowering swift and effective interventions HULO.ai doesn't just find leaks it conjures solutions in the blink of an eye

In a strategic move fueling innovation in water management, LUMO Labs and the Netherlands Enabling Water Technology (NEW) Fund have jointly invested €800,000 in HULO.ai, a cutting-edge spin-off from the renowned Wetsus Research Institute.

Imagine a world where water loss, a global predicament, meets its match. HULO.ai, the Dutch startup at the forefront of AI-driven ingenuity, is on a mission to make this vision a reality. Backed by €800,000 in recent investments, the company specializes in advanced AI algorithms designed to pinpoint and tackle water leakages in real-time within intricate water distribution networks.

HULO.ai's solution, a culmination of rigorous research and validations conducted in collaboration with Dutch water utilities, is poised to redefine the water management landscape. By harnessing the power of AI, the startup minimizes the need for exhaustive physical infrastructure checks, leading to a substantial reduction in water loss and a notable contribution to global water conservation efforts.

Robbert Lodewijks, Co-founder and CEO of HULO.ai, expressed his enthusiasm, emphasizing the profound impact of not just the investment but also the invaluable knowledge that comes with the partnership. The investors' expertise aligns seamlessly with HULO.ai's vision of creating sustainable water management solutions with a global reach.

Andy Lürling, Founding Partner of LUMO Labs, highlighted the urgency of addressing the growing global demand for sustainable water management solutions. He sees HULO.ai as a frontrunner in transforming the water management industry globally through its state-of-the-art AI technology.

The funds from this substantial investment will propel HULO.ai to further enhance and scale its cloud-based solution. The startup has its sights set on regions grappling with critical water scarcity and leakage issues, marking a pivotal step toward a more sustainable and water-resilient future.

Josefina Dipaolo
Josefina Dipaolo
Content writer at TechNews180
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