Pydro announced funding from gigahertz ventures, Genius Venture Capital and Thomas Clemens.

Pydro, a Hamburg, Germany-based manufacturing a smart water tracker, announced that it entered into an agreement for raising its capital.

The money was provided by local investors from Germany, including gigahertz ventures, Genius Venture Capital and angel Thomas Clemens.

Pydro, founded in 2016 by CEO Mulundu Sichone and Miguel Linares, developed a piece of hardware that helps water suppliers to minimize their water losses. The solution uses modular water turbines, which power off-grid sensors and intelligent devices, helping create more data and automation for smart water networks.