Sensmet closed a EUR 700k investment round.

Sensmet, an Oulu, Finland-based company developing water monitoring technology announced that it closed a €700k ($780k) capital investment round.

The funding was provided by a range of Finnish investors including Innovestor and will be used for product commercialization, sales and marketing, as well as internationalization.

Sensmet, founded in 2017 and led by CEO Kalle Blomberg von der Geest, developed technology for real-time water analytics, which does fully automated and comprehensive water analytics.