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Hot Topic Budget 25
Tech & Innovation
3 mins to read
1

Water tech company Aquafortus raises US$17m in Series A1 round

It will use the funds to do a demo unit and commercial pilot in the US oil and gas industry.

Aquafortus co-founderes Jessica Lam and Daryl Briggs.

Fiona Rotherham Fri, 24 Feb 2023

Kiwi water technology company Aquafortus has closed a US$17m ($27.2m) oversubscribed Series A1 financing round led by existing deep tech investor DCVC and Danish investor Novo Holdings (which manages the assets of the Novo Nordisk Foundation).

The lead investors were joined by new backers, Intrepid

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Fiona Rotherham Fri, 24 Feb 2023
Contact the Writer: fiona@nbr.co.nz
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Tags
DCVC capital raising Daryl Briggs Jessica Lam

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