Aquicore secures $5 million in Series A funding

By Sumit Modi

Washington-based Aquicore, a leader in data collection and analytics for commercial real estate, has secured $5 million in Series A funding led by Kiddar Capital.

Aquicore offers owners and operators of commercial portfolios a flexible platform to deploy, collect, and analyze electricity, water, and gas data in real time. Its client portfolio includes big industry leaders such as Vornado, Under Armour, and Lincoln Property Company. Owners, managers, engineers, and sustainability teams rely on Aquicore's cloud-based platform and robust data visualization for the intelligence they need to operate efficiently. The funding from Kiddar Capital will aid Aquicore in achieving explosive sales growth.

Aquicore's Founder, Logan Soya, said of the partnership: "With this round of funding, we will bring even more ambitious innovations to market, strengthening our vision to connect the physical and global environmnets to our digital one more seamlessly than ever before.

"We are excited and proud to gain support from both Kiddar Capital and Navitas Capital. Kiddar Capital is an influential member of the real estate and construction industry, and Navitas is a seasoned investor in this space - the perfect springboard for Aquicore to expand in an impactful and deliberate way for our current and future customers."

Cheryl Foil, Kiddar's Principal of Technology and Venture Investments, added: "Logan Soya and Aquicore exemplify Kiddar's dedication to strategic investments in leaders in the sphere of technology and real estate. We were introduced through 1776 and have been impressed with their momentum since day one."


Follow @BizReviewUSA and @NellWalkerMG

Read the June issue of Business Review USA & Canada here


Featured Articles

Possibilities endless as generative AI takes centre stage

Generative AI is already playing a pivotal role in the way companies are run; the only question is how quickly it can be integrated into everyday tasks

Why companies should be preparing for scope 3 reporting

With a decision looming on the SEC’s proposed changes to climate-related disclosures, leaders should be examining supplier sustainability credentials

People over profit is steering business in a new direction

An unsettling few years has resulted in more and more companies hiring Chief People Officers to implement a culture that prioritises employee wellbeing

Databricks: The phenomenal rise of a data and AI heavyweight

Technology & AI

Business Chief expands portfolio with new look and coverage

Leadership & Strategy

Google at 25: The remarkable rise of a technology colossus

Technology & AI