Aeromon Raises €4.8M in Funding
Summary
A capital loan from The Finnish Climate Fund is part of the financing package, of which €2.4 million was raised from industrial investor, Vopak Ventures, and current shareholders. The company intends to use the funds to expand its business reach, to further advance data analysis capabilities for rapid leak detection and accurate quantification of emissions, and to secure a broader presence in North Western Europe, close to key industrial hubs. Led by CEO Maria Kuosa, Aeromon has developed monitoring technology for users to detect and report methane, volatile organic compounds and other emissions. Customers are provided with visualized and real time data that enables decision making through improved situational awareness leading to less lost product, less pollution and higher work safety. The aim is to be able to serve Central European clients more efficiently by having an operational team now in Rotterdam and eventually in other major industrial cities in Europe, as well.