Ambisense has a range of technology products which mitigate environmental risk, combining AI with hardware to predict environmental hazards before they occur. Its technology has been successfully used on some of the large infrastructure projects.

Demand for environmental services has experienced strong demand and the global market is expected to grow to a value of $17bn in 2025 from $14bn in 2020. This is due to rising air pollution levels being experienced due to the climate crisis and a favourable regulatory environment.

The company’s AmbiAir solution helps to improve indoor air quality for healthier, safer buildings by monitoring indoor air quality and predicting hotspots before they cause harm. It represents an effective solution for minimising COVID-19 risk by allowing for the safe re-opening and operation of commercial offices, retail, education and healthcare facilities.

The funds raised will accelerate Ambisense’s ambition to create healthier, safer environments by preventing environmental hazards before they occur. Ambisense will continue R&D across its products and focus on building its client base to meet rising demand.

Sure Valley Venture Managing Partner, Barry Downes, said, “Environmental risk assessment is high on the business agenda and calls from education leaders for better measures to prevent the spread of airborne diseases has been well-documented in recent media headlines.

"Ambisense’s technology has already attracted the attention of major infrastructure developers and their pipeline is extremely strong due to its ability to predict ventilation risks before they can cause harm.

"We are therefore delighted to continue backing the innovative Ambisense team as they focus on scaling up their business to deliver on the significant demand they are experiencing.”

Stephen McNulty, Co-founder and CEO of Ambisense, commented: “Both COVID-19 and the existential risks of climate change are catalysts for rapid market transformation of the $17bn environmental monitoring markets.

"Today, Ambisense customers are using our solutions to reduce environmental risks on major infrastructure & construction projects, to prove that workplaces, colleges, schools and healthcare settings are safe places to return to and to automate a huge variety of labour intensive, otherwise expensive monitoring and reporting compliance tasks.  

“We are delighted to have secured the backing of Sure Valley Ventures and are excited to work with them as we progress this next, exciting stage of the company’s growth.”