AquiSense Inc of Erlanger, KY, USA (which designs and makes UV-C LED water disinfection systems) has secured Series A investment led by Burnt Island Ventures, following a recent management buyout. Additional investment comes from a local Kentucky Capital Fund and returning private seed investors led by Randy Knapmeyer. Funds will be used to accelerate growth in a broad range of water treatment applications including beverage, pharmaceutical, oil & gas and municipal.
Founded in 2014, AquiSense says it was one of the first to commercialize UV-C LED technology for water disinfection applications. It now has over 500,000 installations globally. The firm currently provides UV-C LED disinfection solutions for point-of-use, point-of-entry, laboratory and full-scale industrial and municipal applications.
“UV disinfection has been a star performer in water treatment for the past couple of decades and this investment validates our position that UV-C LED technology isn’t a future abstract notion, but the core driver to continue this growth,” says founder & CEO Oliver Lawal. “We have strong customer partnerships in the US, Europe and Asia that value the full life-cycle benefits of our products,” he adds. Read More