INSUBCONTINENT EXCLUSIVE:
unnamed private investors.The new capital will be used by Hero Labs to accelerate development of its first product: a smart device dubbed
by Krystian Zajac after he exited Neos, a smart home insurer that was acquired by Aviva, Hero Labs was born out of the realisation that a
focusing on ultra-high-net-worth individuals that delivered bespoke designs for things like motorised swimming pool floors or home cinemas
doubling up as panic rooms).Coupled with this, the Hero Labs founder learned that water wastage was a very costly problem, both financially
and environmentally, with water leaks being the number one culprit for property damage in the U.K., ahead of fires, gas explosions or
This sees water leaks cost the U.K
and their families on a day-to-day basis
environment in my next venture after learning that water leaks waste 3 billion litres of water a day in the U.K
off the interconnected pipes.Sonic then monitors the water flow using machine learning and its algorithms to identify usage and detect
This requires the technology to understand the difference between appliances, running taps and even flushing toilets so that it can build up
a picture of normal water usage in the home and in turn identify if that pattern is broken
Crucially, if needed, Sonic can automatically shut off the water supply to prevent a water leak from damaging the property or its
possessions.Will a full launch planned for later this year, Sonic is targeting consumers as well as small businesses initially
