Voda.ai Raises Second Funding Round

▤ Summary

Voda.ai, a Boston, MA-based provider of artificial intelligence powered “Virtual Pipe Condition Assessment” Solution to predict water main failures for utilities worldwide, raised a second funding round of undisclosed amount. The round was led by Innospark Ventures with participation from Massachusetts Clean Energy Center (MassCEC). The company intends to use the funds to continue to expand operations, its business reach across the water industry globally and increase its product innovation efforts. Led by CEO George Demosthenous provides utilities worldwide with AI powered solutions to proactively manage their aging water main pipes against water loss, breaks, and premature pipe replacements.

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