FREDsense Technologies Raises $2.5M from BDC Capital to Accelerate Their Biologically Based Water Quality Sensors. – FREDsense Technologies
Summary
Read more in the official press release found here.FREDsense is excited to announce the closing of a Convertible Debenture valued at $2.5 million from BDC Capitals Cleantech Practice.FREDsense has developed a biologically based breakthrough technology for rapidly measuring hard to detect chemicals in our environment. The company builds portable field kits for rapid measurement of these parameters to deliver chemical information in a fraction of the time required. FREDsense builds portable field-ready kits to measure some of the most difficult contaminants found in our water supply and environment. By using microorganisms, FREDsense builds custom electrochemical sensors that provide rapid and specific information to keep our water safe. It offers businesses a full spectrum of capital, from seed investments to growth equity, supporting Canadian entrepreneurs who have the ambition to stand out on the world stage.