Acuva Technologies, a Canadian company developing UVC-LED water purification system, announced that it has received CAD 2.1 million (US$ 1.6 million) from the Canadian government.
Access to safe drinking water contributes to improved health, helping reduce the risk of waterborne diseases. However, according to the report of the World Health Organization (2017), a quarter of the world’s population drinks contaminated water, causing over 2.2 million deaths annually. UV LED technology has been used in water purifying devices to sterilize water for improving drinking water source.
With the funds, Acuva intends to speed up its growth and global expansion with its compact and energy efficient UV-LED water treatment technology. Acuva’s customizable UV-LED modules can be easily integrated into consumer and commercial water dispensing appliances.
(Image: Acuva Technologies)
“We are honored to receive WINN support through the federal government. This milestone recognizes Acuva’s potential, enables us to hire more local talent, and provide us with the resources we need to support Acuva’s rapid growth,” said Manoj Singh, Acuva’s CEO. “We are proud that our innovative UV-LED water treatment technology, developed here in Western Canada, will help solve the global need for safe drinking water.”
According to the latest report from LEDinside, a division of the market research firm TrendForce, “2018 UV LED Application Market- Curing, Medical and Sterilization,” there are three growth drivers in the UV-C LED application market including surface sterilization, static water sterilization, and flowing water sterilization.
LEDinside 2018 UV LED Application Market- Curing, Medical and Sterilization
Release: 25 April 2018
Language: Chinese / English
Format: PDF
Page: 201
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