Omen AI Acquires Aquatic Labs for $16 Million, Adding Water-Sensing Technology
Omen AI adds liquid know-how in $16 million Aquatic Labs acquisition
- Who
- Omen AI
- What
- acquired Aquatic Labs in a $16 million cash-and-stock deal
- Quote
After raising a $31 million Series A in June, Omen is now acquiring competitor Aquatic Labs in a $16 million cash-and-stock deal.
What happened
Omen AI is acquiring competitor Aquatic Labs in a $16 million cash-and-stock deal, combining their real-time water-sensing technologies. Omen’s sensors detect elements in water, while Aquatic Labs’ sensor tests alkalinity; the combined team expects to bring an integrated sensor to market by early next year.
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See the full storyOmen AI Acquires Aquatic Labs for $16 Million to Combine Water-Sensing TechnologiesThe story so far
Omen AI is acquiring competitor Aquatic Labs in a $16 million cash-and-stock deal, bringing their water-sensing technologies together with an integrated sensor expected to reach the market by early next year. Omen’s sensors detect elements in water, while Aquatic Labs’ sensor tests alkalinity. The combined team plans to incorporate those capabilities into one sensor. The acquisition follows Omen’s $31 million Series A funding round in June.
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