University of Manchester spin-out Arvia Technology, which treats organic liquid waste, has raised money from prior backer MTI, as well as investors Sustainable Technology Investors and Park Walk Advisors.
Arvia Technology, a University of Manchester spin-out company which treats organic liquid waste, has raised £3.8m ($6.1m) from investors including venture firms MTI Partners, Sustainable Technology Investors and advisory firm Park Walk Advisors.
A number of smaller existing shareholders also invested.
Arvia has commercialised its technology to destroy organic substances that are either dissolved or dispersed in water.
Jim Totty, from Sustainable Technology Investors, and Gordon Lawson will join Mark Rahn, from MTI, as investor directors on the Arvia board.
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