Yellow Sub Geo Ltd has secured a big new funding from personal traders and the Development Bank of Wales to assist the launch and progress of its Yellow Sub Hydro digital water expertise enterprise.

The new funding will assist the event and additional commercialisation of Yellow Sub Hydro’s Periscope product. Periscope is a Software-as-a-Service (SaaS) modelling setting which gives simulations for water useful resource administration at catchment scale.

Combining the facility of cloud computing with utilized arithmetic, hydrology and information science, Periscope permits catchment-scale water modelling setup and cycle occasions to be drastically lowered from years to days. It has been developed as a expertise to drive extra significant stakeholder engagement and to democratise entry to information throughout sectors closely reliant on water assets corresponding to business and agriculture.

Alex Egan, chief government of Yellow Sub Geo Ltd mentioned:

“These are hugely exciting times for us aboard the Yellow Sub, with Periscope now poised to make a material impact at the nexus of  population growth, climate change and the 4th industrial (tech) revolution. We firmly believe that  providing actionable information to key stakeholders in water, at scale, internationally and  across multiple sectors and industries has the potential to be transformative in the race to build  adaptation and resilience into our society’s delicate life support systems.”

Alongside personal traders, the corporate labored with the Angels Invest Wales community, a part of the Development Bank of Wales and the most important angel community in Wales, which exists to attach skilled traders with Welsh companies looking for personal funding.

Further funding from Angels Invest Wales got here through the Wales Angel Co-Investment Fund, which helps the creation of angel syndicates and networks throughout Wales by offering loans and fairness to traders searching for co-investment.

Guy Sochovsky leads the Angels Invest Wales syndicate. He mentioned:

“We are very excited to offer  our support to the Yellow Sub team. They have identified a real market need to bring the latest  scale cloud computing and analytical insights to hydrological modelling. Water resource management is subject to major changes in demand requirements as a host of industries move from legacy land and resource uses towards sustainable asset management. We believe enabling Yellow Sub to invest into its technical base and data science creates the opportunity to drive true innovation and broad-based value.”

Tom Preene, operations supervisor for Angels Invest Wales, mentioned:

“The work being done by Yellow Sub Geo is at the forefront of environmental and hydrological monitoring, and systems such as Periscope provide much-needed data to clients in vital sectors. Backing pioneering Welsh companies like Yellow Sub Geo is a core part of our role, and we’re very pleased to have worked alongside angel backers to get them the investment backing they need to develop their systems.”

Yellow Sub Geo Ltd is a proudly triple backside line (individuals, planet & revenue), B Corp Certified enterprise reimagining enterprise for good. Its mission is to create holistic approaches to growing local weather change adaptation and resilience methods.

Dr Jez Lofts, chairperson and director of Yellow Sub Geo Ltd added:

“We are happy that by way of working with Angels Invest Wales we now have been capable of safe traders who not solely see the potential within the expertise we’ve developed, but in addition share our values and again our B Corp-certified strategy to enterprise which is having a optimistic influence.“

Yellow Sub Geo was suggested by Taylor Vinters, a world authorized and advisory follow supporting organisations which might be including influence and driving the innovation economic system.