Pounds 1m to Probe the Market

Summary


Catapult Venture Managers has invested pounds 1 million in a firm developing a range of sensor probes that will help water utilities make significant cost savings.

Catapult has committed the funding to Intellitect Water Holdings and has also introduced a new non-executive director, Peter Bridge, to the company.

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Pounds 1m to Probe the Market

Intellitect's innovative technology will enable the water industry to have access for the first time to real-time online monitoring of water quality within its network distribution pipes and measure chlorine without the need for chemicals or membranes.

The firm, which runs its sales operation fro...

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