💧€4M for AI-powered Watertech for Europe’s Insurance Industry

Following their recent €4M seed extension, our portfolio company Enzo raises its total funding to €6.2M, backed by EquityPitcher Ventures, the MBG Mittelständische Beteiligungsgesellschaft Baden-Württemberg GmbH, joined by Silence, incredible angels from better ventures, and strong participation from our existing shareholders.The Heidelberg-based startup develops AI- and IoT-driven solutions for the safe and sustainable use of drinking water in buildings, helping insurers reduce claim ratios while making water management more efficient and environmentally conscious. ♻️With its one.drop technology, Enzo is transforming how property insurers handle water-related risks, setting new standards for sustainability and prevention.As Sascha Wolf, Co-Founder and CEO, puts it:“With the new funding, we’ll further advance our technology, strengthen existing partnerships, and prepare for international expansion.”Enzo already collaborates with major insurance players such as BarmeniaGothaer, Alte Leipziger, INTER, Hiscox, and SV SparkassenVersicherung and is rolling out its technology across several European markets.#STYXFamily #InsurTech #Watertech #AIhashtag#IoT #ImpactInvesting #SmartBuilding #STYXVentures #DoubleDown #Enzo