Leakmited, a software company that improves the monitoring and maintenance of water networks, has raised €5m from Starquest and Caisse des Dépôts et Consignations.
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Leakmited, a software company that improves the monitoring and maintenance of water networks, has raised €5m from Starquest and Caisse des Dépôts et Consignations. Joffe & Associés (Thomas Saltiel, Paddy Pascot & Clémence Bressolin) advised Starquest and Caisse des Dépôts et Consignations on this transaction.
A French startup founded in 2019 specialising in the intelligent management and optimisation of water networks, Leakmited offers software solutions based on artificial intelligence to help local authorities monitor, locate and prevent water leaks, thereby optimising the use of water resources.
The company has raised €5 million in a Series A financing round, welcoming investors to its capital for the first time. The round was led by Starquest, via its Starquest Protect fund, and the Caisse des Dépôts et Consignations, both of which are committed to preserving essential resources and infrastructure.
With this funding, the start-up plans to strengthen its presence in France and internationally, with partnerships already established in Italy, the UK and South Africa. In 2024, Leakmited generated sales of nearly €2 million and is aiming to achieve profitability in the next 18 to 24 months, while continuing to expand into new strategic markets.
