Aeromon, a Helsinki, Finland-based emission monitoring service and technology company, raised €4.8M in funding.
A capital loan from The Finnish Climate Fund is part of the financing package, of which €2.4 million was raised from industrial investor, Vopak Ventures, and current shareholders.
The company plans to use these funds to grow its business reach, further enhance data analysis capabilities to rapid leak detection and accurate quantification, and secure a wider presence in North Western Europe, near key industrial hubs.
Led by CEO Maria Kuosa, Aeromon has developed monitoring technology for users to detect and report methane, volatile organic compounds and other emissions. Customers receive visual and real-time data which allows them to make better decisions. This will result in less product lost, less pollution, and greater work safety. Aeromon has been providing services to clients all over Europe for years. The company has provided services to clients in France and Belgium, Spain (Spain), Spain (Spain), Germany and the Netherlands (Belgium). The aim is to be able to serve Central European clients more efficiently by having an operational team now in Rotterdam and eventually in other major industrial cities in Europe, as well.