CRH Ventures leads Series B funding round in FIDO

​CRH Ventures has announced an investment in UK based Fido Tech , an AI-driven software company focused on water resilience and non-revenue water (NRW) reduction. To date, the company has raised $9.5 million.

FIDO AI’s technology identifies and sizes hidden water leaks, helping utilities and corporations conserve water, reduce operational costs, and improve sustainability. Through its FIDO Plus program, FIDO also enables corporate water stewardship by deploying AI across local utility networks, rapidly repairing leaks, and using Volumetric Water Benefit (VWB) accounting to validate water savings.​​

“We’re excited to lead this investment in FIDO AI and deepen our partnership, particularly through Oldcastle Infrastructure, our U.S. water infrastructure business. FIDO’s technology aligns perfectly with our focus on sustainable solutions for the built environment and promises transformative impact in water management.”  Eduardo Gomez, Head of CRH Ventures.

“This investment allows us to scale into markets we couldn’t easily reach and brings us closer to achieving our mission of a world without water scarcity. CRH’s strategic support positions FIDO AI as a global leader in water resilience and stewardship.” – FIDO AI’s CEO, Victoria Edwards.