19. Jan. 2023
The Grundfos Foundation acquires 24.9 per cent of the shares in Danish tech startup Aarhus GeoInstruments, a spin-out from Aarhus University's HydroGeophysics Group.

Aarhus GeoInstruments provides geophysical instrumentation for large scale subsurface imaging using Transient ElectroMagnetics (TEM) and has developed a unique way of mapping subsurface water basins via this instrumentation technology.

This is the Foundation’s first direct investment, and a very special one. We have been involved in the development of the TEM-technology through our partnership with the AU HydroGeophysics Group for years, and it has proven its worth in several climate-vulnerable countries, helping some of the world’s poorest people. We want to continue our journey with Aarhus GeoInstruments and improve access to water for even more people, and this is best done through an investment where we take responsibility for advancing this unique technology, says Kim Nøhr Skibsted, Executive Director, Grundfos Foundation.

Aarhus GeoInstruments CEO Esben Auken with Executive Director of the Grundfos Foundation Kim Nøhr Skibsted.

Aarhus GeoInstruments CEO Esben Auken with Executive Director of the Grundfos Foundation Kim Nøhr Skibsted. Photo: Grundfos Foundation

Both parties underline that the investment is a unique opportunity, built on a long and fruitful research partnership. The investment allows the startup to develop several new instruments and build stronger partnerships with customers to help them design even better groundwater mapping projects.

It’s a great day for us! We are excited to have the Foundation on board as investor. Its holistic approach, vast business network and professional experience complement our deep knowledge and technological know-how in the most beautiful way. We believe this new relationship will bring forward groundwater mapping, helping to provide people worldwide with better tools to mitigate climate change, says Esben Auken, CEO of Aarhus GeoInstruments.

For more information, please contact:

Aarhus GeoInstruments
CEO Esben Auken
Tel. +45 28 99 25 87 or mail

Grundfos Foundation (Poul Due Jensens Fond)
Executive Director Kim Nøhr Skibsted
Tel. +45 30 52 50 20 or mail