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StormHarvester raised £8.4M in a Series A funding round led by YFM Equity Partners to expand its product range and accelerate growth into new markets.

Jan 23, 20256 months ago

Amount Raised

£8.4 Million

Round Type

series a

BelfastMachine LearningArtificial IntelligenceSoftware

Investors

Emerald Technology VenturesYfm Equity Partners

Description

StormHarvester, based in Belfast, UK, raised £8.4M in Series A funding. The funds will be used to enhance sales and marketing capabilities and grow into new markets such as Australasia and North America.

Company Information

Company

StormHarvester

Location

Belfast, Northern Ireland, United Kingdom

About

StormHarvester is a leading analytics provider in the wastewater space. We help wastewater utilities better manage their networks. By combining AI (machine learning) with hyperlocal rainfall forecasting, our unique algorithm provides operational and asset intelligence to wastewater utilities. This insight enables condition-based maintenance, helping to reduce flooding and pollution events.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers