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BioAlert Solutions has raised $2.5 million in a seed round to enhance its automated water quality monitoring technology. The funding was co-led by Cycle H20 and GreenSky Ventures to help detect and manage harmful pathogens in water.

Mar 28, 20255 months ago

Amount Raised

$2.5 Million

Round Type

seed

SherbrookeWater PurificationWaterPublic SafetyBiotechnologyManufacturing

Investors

Spring Impact CapitalFondactionGreen Sky VenturesCycle H20

Description

Sherbrooke, Que.-based BioAlert Solutions has secured a $2.5 million seed round to expand its technology for detecting Legionella bacteria in water systems. The funding aims to enhance their automated monitoring technology for buildings like hospitals and data centres. Two cleantech-focused firms, Cycle H20 and GreenSky Ventures, co-led the investment, with additional participation from Fondaction and Spring Impact Capital. This innovative technology is designed to offer sensitivity surpassing current industry standards.

Company Information

Company

BioAlert Solutions

Location

Sherbrooke, Quebec, Canada

About

BioAlert Solutions is a Sherbrooke, Que.-based company focused on developing automated water quality monitoring technology. The company specializes in detecting Legionella bacteria, which can cause Legionnaires' disease, using a highly sensitive device that monitors water-borne pathogens. BioAlert provides a remote software platform for off-site monitoring of contamination levels in systems such as hospitals and manufacturing plants. With approvals from Health Canada and the U.S. FDA, the company aims to improve water safety and expand its detection capabilities.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers