HULO, a Leeuwarden, Netherlands-based watertech startup that uses AI to detect leaks in water infrastructures, has raised €2.3 million in Seed funding.
Investors
The round was led by VP Capital and LUMO Labs, with participation from Vanagon, Rabobank, FOM, and the Netherlands Enabling Water Technology Fund (NEW).
VP Capital is a single-family office based in Belgium and the Netherlands. It focuses on advancing biodiversity, climate action, and social equality through regenerative, circular, biobased, net-zero, toxicity-free, and inclusive solutions. The firm manages a diversified portfolio across multiple asset classes, including ventures in the domains of energy transition, agrifood, clean technology, textiles, and the built environment.
The LUMO Rise Fund is a €100 million multi-stage (Pre-Seed to Series A) impact-driven venture capital fund that supports purpose-driven founders through a proprietary startup coaching program. The fund invests in scalable, sustainable technologies and platforms leveraging AI & data, blockchain, IoT, digital security, and extended realities (AR/VR) to address social and environmental challenges.
HULO Use of Funds
The company will use the funding to accelerate deployment in key markets, expand its AI and network analytics capabilities, strengthen cybersecurity, and enhance customer success operations to increase global impact.
About HULO
HULO provides a SaaS-based platform that uses pressure and flow data from existing utility systems to detect, localize, and prioritize leaks and anomalies. It combines AI and physics-based models to understand the dynamic behavior of each unique network. The platform integrates seamlessly into existing utility operations without the need for new hardware or district metered areas (DMAs). HULO is active in the Netherlands, the EU, and the UK, and has taken its first steps into Latin America.
Funding Details
Company: HULO
Raised: €2.3M
Round: Seed
Funding Date: October 2025
Lead Investors: VP Capital, LUMO Labs
Additional Investors: Vanagon, Rabobank, FOM, Netherlands Enabling Water Technology Fund
Company Website: https://www.hulo.ai/
Software Category: WaterTech / AI Infrastructure Monitoring / Environmental SaaS
Source: https://www.prnewswire.com/news-releases/hulo-raises-2-3m-seed-round-to-combat-global-water-loss-with-ai-powered-leak-detection-302589402.html