# FREDsense Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fredsense-technologies

- Industry: Biotechnology
- Headquarters: Calgary, Canada
- Website: www.fredsense.com
- Total disclosed funding: $5.1M
- Latest round: Series A (Sep 25, 2025)
- Investors on record: 2

## About

FREDsense Technologies Corp. develops innovative solutions for the rapid testing of per- and polyfluoroalkyl substances (PFAS) in water, providing essential tools for environmental safety and quality assurance. FREDsense Technologies Corp. specializes in water quality testing solutions with a focus on PFAS detection. Founded in 2014 and headquartered in Calgary, Canada, the company has conducted 3 deals to date. In September 2025, FREDsense Technologies Corp. raised CAD 7 million in series A funding led by new investor HG Ventures, with participation from another new investor Emerald Technology Ventures. The company is co-founded by CEO David Lloyd, and COO Emily Hicks. FREDsense Technologies Corp. specializes in innovative solutions for PFAS testing and analysis, focusing on the rapid detection of water contaminants. Their core product offerings include the industry's first portable PFAS field test kit and a 5-day PFAS lab analysis service. These products are designed to provide environmental consultants, municipalities, utilities, and other organizations with fast, affordable, and reliable options for water testing. The field kit enables users to perform on-site testing without the need for laboratory sample processing, while the lab service processes samples with a turnaround time of just five business days. FREDsense primarily serves clients within North America, particularly in regions affected by PFAS contamination, such as areas near military sites and industrial zones. FREDsense generates revenue through direct sales of its testing solutions, mainly the portable PFAS field test kit and its lab analysis services. The transaction structure operates on a B2B model, targeting environmental consultants, technology developers, and municipal utilities looking for efficient water quality monitoring tools. Clients can purchase testing kits and lab services through structured contracts, which may include volume discounts based on the frequency and quantity of tests requested. While specific pricing details for these products and services are not disclosed, they are positioned as cost-effective alternatives to traditional testing methods, appealing to organizations that require timely and accurate water quality assessments. The company plans to utilize the September 2025 funding to scale production of its PFAS detector, expand field deployment, enhance customer support, and accelerate development of rapid water testing solutions for environmental and industrial applications.

## Funding rounds

- Series A, Sep 25, 2025, $5.1M — Emerald Technology Ventures, HG Ventures

## Investors

- Emerald Technology Ventures (https://capitalatlas.ai/funds/emerald-technology-ventures) — Series A
- HG Ventures (https://capitalatlas.ai/funds/hg-ventures) — Series A