Acuva Technologies Closes $850K First Seed Round of Funding

Acuva_LOGOAcuva 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

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