Flowlit

Company Overview

Snapshot

Founded in February 2019 by Tuvia Segal, Flowlit operates with 1–10 employees. The company has raised $1.82 million across three funding rounds from one investor. In December 2020, Unicorn Technologies invested $750,000 in Flowlit.

Business overview

Flowlit develops an optical and noninvasive technology for highly accurate measurements of fluid flow rates in pipes. Its core technology also enables simultaneous monitoring of the density and size distribution of particles within the measured flow, utilizing proprietary algorithms to analyze real-time video frames from a camera observing the flow, illuminated by a low-power light source. The company serves industrial process industries, including energy, utilities, and waste management sectors, with a focus on water and gas utilities, as well as chemicals and petrochemicals.

Strategic signal

In December 2020, Unicorn Technologies invested $750,000 in Flowlit, marking the fourth portfolio company for Unicorn Technologies. This investment highlights continued investor confidence in Flowlit's unique optical flow rate and particle sensing technology, signaling potential for further development and market penetration in industrial process monitoring.

Company Intelligence Q&A

What is Flowlit's core technology?

Flowlit has developed an optical and noninvasive technology that provides highly accurate measurements of fluid flow rates in pipes, alongside simultaneous monitoring of particle density and size distribution within the flow. This is achieved by analyzing real-time video frames from a camera observing the flow, illuminated by a low-power light source.

When was Flowlit founded?

Flowlit was founded in February 2019 by Tuvia Segal.

What is Flowlit's total capital raised?

Flowlit has raised a total of $1.82 million across three funding rounds.

What industries does Flowlit's technology serve?

Flowlit's technology is designed for the industrial process industries, including energy, utilities, and waste management, with specific applications in water utilities, gas utilities, and the chemicals and petrochemicals sectors.

Which investor participated in Flowlit's December 2020 funding round?

In December 2020, Unicorn Technologies invested $750,000 in Flowlit. This investment was part of a funding round that brought Flowlit's total capital raised to $1.82 million across three funding rounds.