StormHarvester, a Belfast, Ireland-based provider of automated water management software, has raised $10.2 million in Series A funding.
Investors
The investment comes from YFM Equity Partners and Emerald Technology Ventures.
Leeds-based YFM Equity Partners (YFM), which has offices across Great Britain, is a specialist, independently owned private equity firm that helps UK small businesses scale up and grow faster.
Emerald is a globally recognized venture capital firm, founded in 2000, that invests in startups tackling challenges related to climate change and sustainability.
StormHarvester Use of Funds
The funding will support StormHarvester’s product development, strengthen sales and marketing efforts, and facilitate entry into new markets, including Australasia and North America.
About StormHarvester
Founded in 2017 by Brian Moloney, StormHarvester is a SaaS company provider of AI-driven analytics/SaaS using machine learning and hyperlocal rainfall prediction to deliver operational and asset insights for wastewater networks. Based in Belfast, Northern Ireland, StormHarvester developed an automated water management platform that helps wastewater utilities tackle flooding and pollution.
Funding Details
Company: StormHarvester Ltd.
Raised: $10.2M
Round: Series A
Funding Date: January 2025
Investors: YFM Equity Partners, Emerald Technology Ventures
Company Website: https://stormharvester.com/
Software Category: Water Management
Source: https://www.globenewswire.com/news-release/2025/01/23/3014223/0/en/Emerald-Backs-StormHarvester-with-10-2M-Series-A-to-Innovate-AI-Infused-Smart-Water-Management.html