Green Vision Systems gets $5.4M for contaminant sensors
Following the Israeli trend of companies with a dual focus on the water and anti-terrorism markets, ten year old company Green Vision Systems has secured its first funding for remote contaminant sensors.
Based on land or above, in satellites, Green Vision’s sensors can pick up dangerous impurities not only in water, but also in the air or on the ground. Where those impurities might come from could differ — dumping, inadvertent spills or terrorist attacks could all be culprits.
While the company doesn’t appear to have gained traction so far, the market for sensing technology is likely to grow in coming years. Closer to home, San Francisco was recently promised $8 million for water monitoring technology by the EPA. And another Israeli firm, Checklight, just picked up a large order for its water sensors following its May earthquake.
Globes reports that Green Vision has been given $10 million over the years by its founder, Danny Moshe. The new $5.4 million (EUR3.5 million) is from the Gabriel Lippmann Institute of Luxembourg.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.