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GWC leads a Future Fund matched investment into Syrinix

Investors in this round: GWC and Future Fund

Syrinix

GWC is pleased to announce it has led a Future Fund matched convertible loan note into Syrinix, an existing portfolio name.

Syrinix is a water technology and data company which provides a combination of network monitoring equipment with a cloud-based data platform, advisory analysis and management services. It provides solutions to identify issues on water networks, enabling utilities to reduce leaks and bursts and extend asset life.  Syrinix operates in two main fields: detection, tracking, and characterisation of pressure transients, including wastewater on pumped rising mains, and the detection of leaks on critical pipelines.

The company will use proceeds to continue commercial traction in the US and to combine high resolution pressure monitoring with leak detection and integrating it into their proprietary IoT RADAR system.

James Dunning, CEO commented “With COVID-19 pressures accelerating data analysis and innovation adoption across the water sector, this round allows Syrinix to extend its market leading position in helping utilities reduce leaks and bursts and extend pipeline lifetimes.  GWC has played a pivotal role in securing these funds and has again been excellent to work with.”

Ian Leigh, founder of GWC commented “We are very pleased to be associated with Syrinix and the important work it is doing for the water industry.”

GWC is a network of UHNWIs and Family Offices that invest in early stage UK companies that have disruptive technology. For further information see http://www.gwcinvestor.com

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GWC leads a Future Fund matched investment into Syrinix

By Greenwood Way Capital15 Apr 2021