BioAlert Solutions has raised $2.5 million in a seed round to enhance its automated water quality monitoring technology. The funding was co-led by Cycle H20 and GreenSky Ventures to help detect and manage harmful pathogens in water.
Amount Raised
C$2.5 Million
Round Type
Seed
SherbrookeManufacturingBiotechnologyWaterWater PurificationPublic SafetyInvestors
Description
Sherbrooke, Que.-based BioAlert Solutions has secured a $2.5 million seed round to expand its technology for detecting Legionella bacteria in water systems. The funding aims to enhance their automated monitoring technology for buildings like hospitals and data centres. Two cleantech-focused firms, Cycle H20 and GreenSky Ventures, co-led the investment, with additional participation from Fondaction and Spring Impact Capital. This innovative technology is designed to offer sensitivity surpassing current industry standards.
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