Water purification technology developer Acuva will use the funding to expand its manufacturing base and develop additional products for global markets.
Acuva Technologies, a Canada-based water purification technology developer spun out of University of British Columbia (UBC), attracted C$2.6m ($2.1m) in series A funding yesterday from assorted, unnamed angel investors.
Acuva has developed water purification technology to reduce the maintenance, electricity and environmental costs associated with mercury ultraviolet (UV) lamp-based treatments.
The system uses a composite filter to pick sediment from the water and activates carbon to sharpen its taste, before pushing the fluid into a chamber lit by UV LEDs…
