Acuva Technologies Inc.
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Acuva Technologies Inc. - overview
Established
2014
Location
Burnaby, BC, Canada
Primary Industry
Environmental Services
About
Acuva Technologies specializes in advanced water disinfection solutions, utilizing innovative UVC LED technology to provide efficient water purifiers that ensure safe drinking water for both residential and commercial use. Founded in 2014, Acuva Technologies Inc. is based in Burnaby, Canada, and focuses on developing cutting-edge water purification solutions. The company has engaged in six funding deals to date, with the latest deal occurring on May 2, 2022, when it secured USD 3 million in Grant funding from the Government of Canada.
Manoj Singh serves as both the CEO and Founder, bringing expertise from his previous endeavors in the technology field. Acuva has raised a total of USD 5. 40 mn across its funding rounds. Acuva Technologies specializes in advanced water disinfection solutions using innovative UVC LED technology.
Their core offerings focus on compact, efficient water purifiers designed to eliminate pathogens and contaminants, ensuring safe drinking water for a variety of applications. These purifiers cater to both residential and commercial sectors, serving end users that include households, restaurants, and outdoor enthusiasts. The technology is particularly valued in regions with limited access to clean water, addressing critical health and safety needs. Acuva’s products are marketed not only in North America but also in international markets such as Europe and Asia, where there is a growing demand for sustainable and effective water treatment solutions.
The company’s unwavering commitment to quality ensures that customers receive reliable products that contribute to public health. Acuva Technologies operates primarily through a direct-to-consumer and B2B sales model, establishing partnerships with retailers and wholesalers to expand its reach. Revenue generation occurs through the sale of its flagship disinfection systems, which are designed for both home and commercial use. Transactions typically involve straightforward purchase agreements, with clients acquiring units outright as well as potential service contracts for ongoing support and maintenance.
Specific pricing structures are tailored to various product lines, reflecting the advanced technology and reliability of their systems. Acuva’s focus on customer satisfaction and product performance underpins its strategy for building lasting relationships with clients, fostering repeat business and brand loyalty within the competitive water purification market. In May 2022, Acuva Technologies Inc. received USD 3 million in grant funding from the Government of Canada.
The company will use this funding to upgrade existing product designs, commercialize innovative new technologies, and bring new products to market. Acuva aims to expand its offerings into new markets, particularly targeting regions with critical needs for clean water solutions.
Current Investors
BDC Capital, e@UBC Seed Fund, Government of Canada
Primary Industry
Environmental Services
Sub Industries
Consumer Electronics, Recycling
Website
www.acuvatech.com
Verticals
Clean Technology
Company Stage
Series B
Total Amount Raised
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