KETOS, a water intelligence developer, closed on $10 million in additional equity financing. The new funding will 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.
“We welcome this new investment to expand development and markets for our KETOS SHIELD and PRISM solutions. We value these strategic partnerships as we move into new markets and applications,” said Meena Sankaran, KETOS Founder and CEO.
KETOS offers 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.
“As global water demand continues to surge, KETOS offers efficient, turnkey solutions for companies and cities facing water quality and availability challenges,” said Dan Levine, managing partner of Tenfore Holdings. “Tenfore is pleased to help this water intelligence leader expand their services for industrial, agricultural, mining, municipal, and regulatory use cases globally.”