Let’s talk about Finland-based tech startup ColloidTek Oy, known also as Collo.
Founded back in 2017 in the Finnish city of Tampere (after extensive scientific research at Tampere University), Collo provides solutions that enable precise, real-time measurements to be utilized in the optimization of industrial liquids for manufacturers. This helps those involved to better understand their respective liquid processes; process control, improved process preparation and quality, etc. It also opens the door for cost saving (not to mention reduced waste and lower emissions). Collo’s core operational team consists of “world-class developers, researchers and business operatives, each highly skilled in their fields and enthusiastic to transform the manufacturing industry,” the company itself has stated.
Here’s another way to describe this Collo + IIoT tie-in:
The company boasts unique analyzers (i.e. using complex electromagnetics, though I’m no scientist so that’s about as much as I can confidently say on that topic). The analyzers themselves can detect the chemical composition of (and changes in the physical properties to) virtually any liquid, and in real time.
An example, detailed by Tech.eu’s Cate Lawrence:
“Based on Collo's market research and estimates, the annual raw milk losses for a typical mid-sized dairy plant can be up to 8 million liters (more than 2.1 million gallons) due to the lack of inline process control.”
But with Collo’s analyzer, dairy plants can significantly reduce these losses while saving, quote, “up to 11 million kilos of CO2 emissions and 35 million liters (approximately 9.2 million gallons) of clean water.”
That, might I say, sounds great.
Furthermore, Collo harnesses EMF technology and AI to ensure its analyzers function accurately while lending a comprehensive view into any liquid, as mentioned; no matter the thickness, coloring or viscosity, Collo seeks to keep processes as intuitive as possible in order to elevate production opportunities for industrial teams.
And speaking of opportunity, Collo has reportedly seized a great one – the company announced this week that it successfully raised €5 million (roughly $5.5 million), with proceeds now being allocated to support the global expansion of Collo’s solutions, thus hugely improving plant management efficiency and overall sustainability, where applicable. The funding was led by SEB Greentech VC with Dutch deep technology investor Forward.one, plus participation from existing investor Danish Scale Capital.
“The global food and beverage industry is going through a significant transformation driven by climate change, rising demand for sustainable operations, and increasing environmental regulation,” stated Matti Järveläinen, Collo’s co-founder and CEO. “Major market leaders have established strategic priorities to cut emissions by half by 2030 and reach net zero by 2050. All savings are realized through process optimization, while using existing infrastructure. Any processing company can implement Collo analyzers to bring their plants to the IoT era and make their processes sustainable without a need for large investments in new production lines.”
Read more about Collo’s process control solutions here.
Edited by
Greg Tavarez
