Aquam Corporation, a San Diego, CA-based global cleantech firm that provides infrastructure support, rehabilitation and diagnostics solutions for water infrastructure, received a US$13m venture debt financing.
Wellington Financial LP, a privately-held specialty finance firm, provided the financing.
Led by Cameron Manners, CEO, Aquam is the parent company of Nu Flow Technologies, an innovative small diameter pipe lining manufacturer, pipe lining installer Nu Flow, and global pipeline assessment and inspection technology provider JD7.
In the United Kingdom, Aquam provides standpipe hire and ancillary services to large water utilities.
Aquam is backed by Walsingham Fund, Turtle Creek Asset Management, and GLH Asset Management.