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Collo secures €5M to lower emissions from dairy plants
Collo, a Finnish startup offering IoT analysers for optimising industrial liquid processes, has just raised €5 million in growth financing. It was co-led by Swedish SEB Greentech Venture Capital and Dutch deep tech investor FORWARD.one (which backed Rocsys and Sensorfact) and joined by an existing investor, Danish deep tech investor Scale Capital.
This investment will allow Collo to expand its solution globally, helping its client to achieve their strategic goals for reducing their emissions and improving their sustainability.
Currently, there is a growing pressure and demand for sustainable operations and concrete actions. At this point in time, Collo provides an advanced, yet scalable and easy-to-use solution for dairy and beverage plants to meet these demands. Its technology is a combination of new sensor technology, based on electromagnetic sensing technology, and advanced analytics and machine learning. Its unique benefits are that the same sensor can be used everywhere across the plant, regardless of the liquid’s properties.