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Israeli Wastewater Data Company Kando Raises $6M
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Kando helps wastewater companies detect anomalies in real time. Courtesy
Israeli company Kando Environmental Services LTD, a wastewater intelligence and data company, announced last week that it raised $6 million for a Series B financing round, bringing the company’s total amount raised to date to $16 million.
New investors in the round included Aliaxis, DC Thomson, the Jewish National Fund-USA (JNF-USA), the GB Israel Investment Fund, and Kibbutz Degania Bet. Existing investors Ram-On Investments and Holdings and Bridges Israel also participated. as did the Israel-Colorado Innovation Fund, a key supporter of Kando’s US growth.