Banking & Finance  September 14, 2018

Israel-Colorado Innovation Fund invests in startup

The Israel-Colorado Innovation Fund has made an investment in the Israeli startup Kando.

Kando monitors wastewater in real-time through a cloud-based software solution that tracks and monitors key wastewater quality parameters, making it ideal for wastewater utilities to gain insight into their system dynamics.

The ICI is joining other investors in Kando’s Series A round of financing. Kando will use the funds for product and business development as the company grows. The ICI Fund said in a statement it believes Kando will be able to further enable automation of the wastewater utilities sector.

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