Acuva Technologies

Overview
News
Hygiene Tech?
Product stageSegments
Growth
?
Food Hygiene
?

Acuva Technologies is a cleantech company based in Burnaby, British Columbia that develops water purification systems using UltraViolet Light Emitting Diode (UV-LED) technology. Founded in 2014 by Manoj Singh and Fariborz Taghipour, the company's proprietary IntenseBeam technology combines UV disinfection with the energy efficiency of LEDs, enabling the purification of drinking water through microbial disinfection without adding chemicals. Acuva's flagship product is the ArrowMAX 2.0 UV-LED water treatment system, which inactivates 99.999% of E. coli bacteria and removes 99% of chlorine and lead, along with VOCs and unpleasant odors. The system has a flow rate of two liters per minute and can dispense 120,000 liters of water over its expected 7+ year lifespan.

Acuva's products are designed for various applications, including homes, RVs, boats, and commercial settings. The company's UV-LED technology offers an efficient and environmentally friendly alternative to bottled water, allowing users to purify water from potentially contaminated sources. In May 2022, Acuva received a USD 3 million investment from the Government of Canada's Pacific Economic Development Agency, which it plans to use for upgrading existing products, commercializing new technologies, and bringing new offerings to market, such as a whole home water treatment system scheduled for release in 2024.

In February 2020, Acuva closed a USD 5.4 million Series B funding round from existing and new investors to meet growing demand and fund growth in Canada and overseas markets. The company has partnerships with original equipment manufacturers of water, ice, and beverage appliances in regions like the Philippines, China, India, and Europe to integrate its disinfection modules. Acuva has also received financing from Genome BC and funding from the federal government's Western Economic Diversification Canada's Western Innovation Initiative.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
250-887 Great Northern Way Vancouver BC CAN
Founded year:
2014
Employees:
1-10
IPO status:
Private
Total funding:
USD 14.7 mn
Last Funding:
USD 3.0 mn (Grant; May 2022)
Last valuation:
-
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