Acuva Technologies Awarded $300,000 in BCIC Ignite Funding

Acuva Technologies was named one of four winners at the 2018 BCIC Ignite Awards presented by the BC Innovation Council. The company received $300,000 in BCIC Ignite funding; working in conjunction with UBC, this money will be used for research and development to create next generation water purification technologies for remote communities and the developing world. Acuva is eager to expand its product offerings to serve communities that have the highest need for water contamination solutions. 

BCIC is a Crown agency committed to accelerating and promoting new innovations and technologies across the province’s natural resources and applied sciences sectors. 

Acuva Technologies Inc. Closes CDN$2.6 Million Series A

VANCOUVER, BC--(Marketwired - January 09, 2018) - Acuva Technologies Inc. ("Acuva" or "the Company") today announced the closing of a CDN$2.6M Series A financing with a syndicate of Canadian angel investors to deliver the Company's innovative drinking water purification systems to global consumers.

"Acuva's water purification systems are quickly gaining traction in the North American recreational boat, RV and cottage markets as a viable alternative to environmentally-toxic plastic bottles, chlorine tablets and mercury lamp-based systems," stated Acuva's CEO, Manoj Singh. "This financing will enable the Company to ramp up our manufacturing capacity and launch new products into the appliance market with global partners in 2018."

Tyler RobinsonComment
Tech Ventures Get Goost from UBC Innovation Programs

UBC technology that improves the accessibility of safe drinking water is now a thriving startup, thanks to an experienced executive taking a chance on a new venture and the multi-faceted support UBC offers entrepreneurial faculty, students, staff and alumni.

The venture now known as Acuva—a portable water purification system that uses UV-LED technology to disinfect water.

Derek LeungComment