StormHarvester Scaling AI Solutions with YFM's Backing

StormHarvester, a leading smart drainage company headquartered in Belfast, Northern Ireland, is tackling pollution and flooding through its innovative AI-driven solutions. The firm has secured a growth capital investment of £3.75 million from YFM Equity Partners, as part of a total funding round of £7.8 million. This capital injection aims to expand StormHarvester's international sales and marketing efforts and further develop its product line. The investment comes at a time when there is mounting pressure on water companies to address sewage pollution issues proactively. In England, regulatory bodies have strengthened penalties for non-compliance with environmental standards, spurring companies to seek out advanced solutions like those offered by StormHarvester. Founded by CEO Brian Moloney, StormHarvester has developed a machine learning algorithm that ingests large data sets to predict sewer blockages and optimize water network management. The company plans to focus its growth on entering new markets such as Australia, the USA, and Canada, leveraging its pioneering SaaS platform to manage wastewater systems globally.