Today in funding: Tonit, Eaigle
Summary
Toronto-based Eaigle, which is building software that helps customers manage swimming pools, has received $70,000 from the National Research Council of Canada’s IRAP program. Operators can then control water input and output, allowing them to reduce energy costs and comply with health regulations. So far, the company’s customers and partners include Humber College, Soho Pools, and the City of Richmond Hill. Founded in 2018, Eaigle is currently in the process of finalizing its patents, and promises that its solution can reduce energy costs by 45 percent. The company’s team includes founder and CEO Amir Hoss, who was awarded with the Young Energy Professional of the Year award by the International Association of Energy Engineers this year; and CTO Mahdi Marsousi, who has a PhD in electrical and computer engineering from the University of Toronto.