Sensorfact raises €25M investment round to improve resource efficiency of industrial SMEs

Sensorfact has successfully completed a €25 million investment round. The round was led by the European growth investor Blume Equity, with participation from existing investors, Korys, and SET Ventures. The investment will help us to further fulfill our mission of enabling a more efficient and sustainable industry.

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    Sensorfact, founded in 2016, initially began as an energy management solution. Over the years, we have evolved and expanded our product suite to help manufacturers significantly improve their resource efficiency. Today, our range of products includes sensors for monitoring electricity, gas, water, and compressed air usage, as well as predictive maintenance solutions.

    Over the past years, we have expanded to 4 offices, and over 1.300 clients across 40+ countries.

    Capital raise

    The raised capital will be allocated towards entering new markets and optimizing our current product suite, expanding the range of resource categories measured. With this investment, we will be able to serve industrial businesses on a global scale.

    “We have already achieved remarkable energy savings for European industrial plants, underscoring our significant impact towards a net-zero future. While proud of our accomplishments so far, we are committed to broadening and deepening our product portfolio, continuously creating innovative solutions that tackle industrial waste throughout the entire production process. We aim to venture into new markets, enabling companies worldwide to monitor their production processes and achieve savings.”

    says Pieter Broekema (CEO of Sensorfact).

    Despite the new growth capital and the stages of innovation we’re going through, our focus remains crystal clear: delivering plug-and-play hardware and software for the industry, and prioritizing insights and advice over mere hardware offerings.

    Investment details

    This latest investment round marks another significant milestone in our journey of growth and innovation. In January 2022, we already secured a €13 million investment from prominent investment firms, Korys, and SET Ventures.

    Pieter Broekema says:

    We deeply appreciate the trust of our investors and our dedicated employees. With Blume Equity on board, we are confident that we will continue to drive innovation towards a greener and more sustainable industry even faster.

    Eleanor Blagbrough, co-founding Partner of Blume Equity, says:

    Sensorfact is a fantastic company, epitomizing the kind of inherently impactful business we seek to back: Europe’s industrial SMEs need to improve their resource efficiency and this presents both a compelling impact and business opportunity. We are delighted to be partnering with Pieter and team on this next exciting stage of Sensorfact’s scale-up journey, supporting them on their continued geographic and product expansion.

    Our existing investors (, Korys, and SET Ventures) also participated in this round. All three have a fundamental belief in our mission, and were impressed with the pace of growth and the success in expanding the product offering. Existing investors are excited to continue the collaborative journey, and are looking forward to the next phase with Blume on board.

    Blume Equity

    Blume Equity, the European climate-tech growth investor, is dedicated to delivering profit with purpose by supporting fast-growth European businesses addressing the climate crisis to scale. Blume works in close partnership with management teams on the growth journey, drawing upon the team’s long scale-up and sustainability experience. Blume has hubs in Amsterdam and London, plus operating partners across other key European geographies. For more information, see:


    Korys is the investment company of the Colruyt family and creates sustainable added value in 3 ecosystems: Conscious Consumer, Healthy Living, and Energy Transition. Korys does this in partnership with entrepreneurs and companies who share its commitment to value-driven entrepreneurship and sustainability while leveraging the expertise of a highly motivated team of 30 professionals in Belgium and Luxembourg. Besides more than 20 direct investments, including Colruyt Group and Virya Energy, Korys also manages private equity funds and investments in listed instruments. For more information, see:

    SET Ventures

    Since 2007 Amsterdam-based SET Ventures has invested in digital technology for a carbon-free energy system by backing pioneering founders with capital, community, and insights. SET Ventures invests in companies with sustainable solutions and a strong digital DNA leading the systemic change of how energy is generated, distributed, stored, and consumed in sectors such as distributed infrastructure, energy retail, buildings, mobility, and industry as well as enabling technologies. For more information, see: is a venture capital fund specializing in high-tech investments, primarily in hardware companies. Since becoming an investor in Sensorfact in 2019, has demonstrated its commitment to supporting innovative technologies across a range of industries, including robotics, semiconductors, photonics, sensors, virtual/augmented reality, biomanufacturing, and audio technology. For more information, see: