The technology addresses significant inefficiencies in the industry, such as the substantial raw milk losses in dairy
With the goal of advancing its cutting-edge IoT analysers that optimize industrial liquid processes, the Finnish technology company Collo has raised €5 million in growth capital. Scale Capital, an existing investor, joined the investment round, which was co-led by SEB Greentech Venture Capital and FORWARD.one.
Collo’s cutting-edge analyser offers continuous, real-time measurement of any liquid, allowing food and beverage companies to enhance production efficiency, save raw materials, and reduce water consumption. The analyser’s versatility eliminates the need for multiple traditional sensors, providing actionable insights through advanced analytics and machine learning. The technology addresses significant inefficiencies in the industry, such as the substantial raw milk losses in dairy plants due to inadequate process control. Collo’s solution is capable of cutting these losses, potentially saving millions of liters of water and reducing CO2 emissions by significant margins. The analyser has already gained traction with major industry players like Fonterra, Danone, and Valio.
The funding will enable Collo to expand its market reach and continue innovating with its technology. The company is positioning itself as a leader in liquid analytics, offering a cost-effective, sustainable solution for process optimization without requiring significant investments in new infrastructure. As the global food and beverage industry faces increasing pressure to reduce emissions and conserve resources, Collo’s technology provides a timely and impactful tool for companies aiming to meet these challenges head-on.
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