HULO.ai
HULO.ai is a technology company.
Financial History
HULO.ai has raised $3.0M across 1 funding round.
Frequently Asked Questions
How much funding has HULO.ai raised?
HULO.ai has raised $3.0M in total across 1 funding round.
HULO.ai is a technology company.
HULO.ai has raised $3.0M across 1 funding round.
HULO.ai has raised $3.0M in total across 1 funding round.
HULO.ai has raised $3.0M in total across 1 funding round.
HULO.ai's investors include BlackWood Ventures, Blockchain Founders Group, cryptofinance.vc, Trivian Capital.
HULO.ai is a watertech startup founded in 2021 and headquartered in Leeuwarden, The Netherlands, that builds an AI-driven platform to detect, classify, size, and localize water leakages in real-time for water utilities worldwide[1][2][3]. It serves water utilities combating non-revenue water losses by leveraging existing pressure and flow sensors without needing new hardware like District Metered Areas (DMAs), delivering actionable insights that double or triple leak repairs, reduce maintenance costs, and enhance operational efficiency[1][2]. The platform's modular models train in just 8 days, achieve low false alarms, and integrate easily with existing IT systems, outperforming traditional algorithms by three times in leak detection speed and accuracy[2]. With €800K raised in 2023 from LUMO Labs, HULO.ai is scaling its cloud-based solution for global markets facing water scarcity[3].
HULO.ai emerged from the Netherlands' water management heritage, particularly its proximity to the Wetsus Research Institute and hubs like Water Alliance and Isle Utilities in Leeuwarden[3]. Co-founded by CTO Frank van der Hulst and Business Officer Gillian van Loenhoud, alongside a diverse team of 12 professionals from 8 nationalities—including Beatriz Almeida, Redmer van Netten, and others—the company was established in 2021 to address global water loss using AI on existing infrastructure[1][3][6]. The idea stemmed from the urgent need for affordable, scalable solutions amid predictions of water scarcity affecting half the world's population by 2025, as noted by UNICEF, with early traction built on the region's watertech ecosystem and a proven track record of innovation[3]. Pivotal funding from LUMO Labs in November 2023 validated their approach, enabling cloud enhancements and market expansion[3].
HULO.ai rides the wave of AI for sustainability, specifically targeting the water crisis where leakages contribute to massive non-revenue water losses amid climate-driven scarcity[1][3]. Timing is critical: with UNICEF forecasting water stress for half the global population by 2025, market forces like regulatory pressures for efficiency and rising demand for resilient infrastructure favor low-cost, software-only solutions over hardware-heavy alternatives[3]. Positioned in Europe's watertech hub, it influences the ecosystem by partnering with research institutes and utilities, raising industry awareness, and enabling collaborative value creation toward sustainable supplies[3]. This positions HULO.ai as a leader in watertech AI, transforming operations from reactive to predictive.
HULO.ai is primed for accelerated growth through international expansion, leveraging its €800K funding to penetrate high-scarcity regions and refine cloud scalability[3]. Trends like AI-digital twins, stricter water regulations, and global sustainability mandates will propel demand, potentially evolving HULO.ai into a cornerstone platform for utility digitization. Its influence may expand via strategic partnerships, amplifying impact on resilient water systems worldwide—echoing its mission to empower utilities against inevitable scarcity[1][3].
HULO.ai has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in October 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2025 | $3.0M Seed | BlackWood Ventures, Blockchain Founders Group, cryptofinance.vc, Trivian Capital |