KETOS, a leading water intelligence innovator, announced it has closed on $10 million in additional equity financing. The round was led by New York- and Abu Dhabi-based Tenfore Holdings, with participation from the national security-focused venture firm, Danu Venture Group. They join existing investors Broadway Angels, Plum Alley Ventures, Plug and Play Ventures, and Accenture, who serves as both an investor and strategic resale partner.
KETOS offers transformative water intelligence for industries, agriculture and water operators, helping them measure, manage and forecast water quality and efficiency. The company’s fully integrated and autonomous solution detects 30+ water parameters including heavy metals, inorganics and nutrients.
The new funding will be used to advance KETOS’ go-to-market strategy and expand the company’s presence globally across the nine countries where KETOS successfully operates. The company is also enhancing its research and development efforts to address PFAS issues in the market.