HydroSpin
Hydroelectric Power for Smart Water Monitoring
Company Overview
Snapshot
Founded in January 2010 by Daniel Peleg, HydroSpin operates with 1–10 employees. The company has raised $5.5M across 5 funding rounds from 1 investor. HydroSpin was acquired by CK Hutchison Holdings.
Business overview
HydroSpin develops technology to generate micro-energy from generators placed within urban water pipelines. This enables cities to manage smart water networks with sustainable, efficient, and uninterrupted data flow. The company's Hydro-Generator powers various applications, including flow and pressure instruments, water quality analyzers, dynamic pressure control systems, 24/7 communication systems, and data loggers. HydroSpin operates within the Energy Tech sector, serving municipalities and water utilities globally with solutions for water management, smart cities, and renewable energy.
Strategic signal
In June 2020, HydroSpin ceased operations, indicating a significant shift in its business trajectory. This event signals to investors and innovation teams that the company is no longer actively pursuing its mission of providing hydroelectric power for smart water monitoring, marking a definitive end to its market presence.
Log in to access full profile ›Company Intelligence Q&A
- When was HydroSpin founded and by whom?
- HydroSpin was founded in January 2010 by Daniel Peleg.
- What is the primary application of HydroSpin's technology?
- HydroSpin's technology generates power for various applications within water distribution pipes, including flow and pressure instruments, water quality analyzers, and communication systems, to enable smart water network management.
- What is HydroSpin's operational status?
- HydroSpin is currently non-active and ceased to operate in June 2020.
- What is HydroSpin's total funding?
- HydroSpin has raised a total of $5.5M across 5 funding rounds.