pH sensor startup secures Series A investment
Thursday, July 22, 2021
UK-based ANB Sensors completed a Series A investment round to further advance the commercialization of their novel calibration-free pH measuring technologies.
The financing round was led by the Low Carbon Innovation Fund (LCIF2) and joined by Applied Technology Ventures Ltd. and a range of angel investors with specific industry expertise. Further investment and support through the process from existing shareholders Namier Capital Group and Hatch Blue showed their strong commitment to ANB Sensors.
“This investment is vital as we ramp up our commercial team and increase our manufacturing capabilities. We are looking forward to welcoming and working with our new investors and directors as we go through this exciting transition period,” said Nathan Lawrence, CEO and co-founder of ANB Sensors.
pH is the number one chemical measurement and is required across a vast array of industries. However, the current technology has seen only incremental improvements over decades and as new fields emerge, they are simply not fit for purpose. They are fragile, require special storage conditions and frequent manual calibration to maintain performance. This need for calibration has a huge impact on maintenance overheads and limits mass deployment, whilst also having a significant environmental footprint.
ANB’s patented technology can either be retrofitted into existing glass electrodes to make them calibration-free or combined with ANB’s solid-state pH technology to form a robust, calibration-free solution.
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