Acuva Technologies, a Vancouver, Canada-based clean technology company, closed $850k first seed round of funding.
Backers included Vancouver-based angel investors, the entrepreneurship@UBC Seed Fund and BDC Capital.
The company intends to use the funds to expand operations.
Led by CEO Manoj Singh and CTO Dr. Fariborz Taghipour, Acuva provides a new microbial water purification system called Arrow using UltraViolet Light Emitting Diode (“UV-LED”) technology developed at the University of British Columbia. The company is currently selling products for recreational boats and vehicles and for off-grid home use.
FinSMEs
11/04/2016