APANA Inc. announced that it has received $4.473093 million in funding from Kurita Water Industries Ltd., The Urban Innovation Fund, Element 8, Cowles Company, and other investors
January 04, 2017
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On January 4, 2017, APANA Inc. closed the transaction. The company received $2,768,002 in its second tranche of series A round of funding. The company received $4,473,093 in funding in this round. The round is led by new investor Kurita Water Industries Ltd. (TSE:6370). The transaction involved participation from 18 investors including The Urban Innovation Fund, Element 8, and Cowles Company. The company also issued option, warrant or other right to acquire another security in the transaction.
Kurita Water Industries Ltd. is a Japan-based company mainly engaged in the provision of water treatment-related products, technology and maintenance services. The Company operates in two business segments. The Water Treatment Chemical segment is engaged in the manufacture and sale of water treatment related chemicals and related equipment, as well as the provision of maintenance services. The Water Treatment Equipment segment is engaged in the manufacture and sale of equipment and facilities related to water treatment, the provision of ultra-pure water, the provision of chemical cleaning and precision cleaning services, the purification of soil and groundwater, as well as the provision of maintenance services such as operation and maintenance of water treatment facilities.
APANA Inc. announced that it has received $4.473093 million in funding from Kurita Water Industries Ltd., The Urban Innovation Fund, Element 8, Cowles Company, and other investors