Hydrojeen secures Pre-Seed funding
KSA: Hydrojeen, a KSA-based startup that specializes in water solutions, has announced the closure of its Pre-Seed funding round, from angel investor Muhammad Abdul Aziz Al-Arifi. The amount was undisclosed.
Hydrojeen was launched in 2020 by Mohammed Albaity and Muhannad al-Qurashi, with the aim of contributing to solving the problems of the water sector in the Kingdom of Saudi Arabia. Hydrojeen is a smart system device that enables users to monitor water consumption on a daily basis via a mobile application and informs them immediately in the event of any sudden change in consumption.
The startup aims to solve the problem of the sudden rise in water bills and damage resulting from leaks inside homes through the water consumption monitoring device. It notifies the homeowner via the app once a leak is detected. Hydrojeen wants to be the first stop for innovative water solutions in the Middle East.
With the newly raised funds, the startup plans to expand the manufacturing process and reach a greater number of customers, in addition to attracting new talent and competencies to raise the productivity of the team’s work.
