Israeli smart water leak detection company WINT raises $35 million from funding round


Sharon Wrobel, The Times of Israel, 14/08/2023

Wint, an Israeli startup that develops leakage detection technology using artificial intelligence to prevent water damage, said Thursday it has secured $35 million from investors including Inven Capital, a European climate tech fund, and New York-based private equity firm Insight Partners.

Asian real estate tech investor Taronga Ventures, and other and construction-tech-focused investors, also participated in the Series C financing round providing Wint with strategic access to new markets, the Rosh Ha’ayin-based company said in a statement. To date, the startup has raised a total of $60 million.

Established in 2018 by CEO Alon Geva and Yaron Dycian, chief product and strategy officer, Wint’s intelligence data system uses artificial intelligence to detect and stop water leaks in real time, to prevent water damage during construction projects and at commercial and residential buildings.

Read the full article on The Times of Israel: