# Island Water Technologies

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

- Industry: Power & Utilities
- Headquarters: Charlottetown, Canada
- Website: www.islandwatertech.com
- Total disclosed funding: $0.5M
- Latest round: Series A (Apr 6, 2021)
- Investors on record: 4

## About

Island Water Technologies Inc. specializes in innovative solutions for water and wastewater treatment, utilizing advanced technology to enhance system efficiency and sustainability.Founded in 2013 by Patrick Kiely, Island Water Technologies Inc. is headquartered in Charlottetown, Canada. The company focuses on developing smart technology solutions for water management. It has achieved three distinct funding rounds, with the latest being a Seed round in April 2021, co-led by Island Capital Partners and Natural Products Canada, raising USD 0.50 mn, bringing the total amount raised to USD 0.50 mn.Island Water Technologies Inc. offers advanced solutions for water and wastewater treatment. The company specializes in developing real-time bioelectrode sensor platforms that optimize treatment processes, catering to industries in need of efficient water management systems. Their products address critical challenges in water treatment such as monitoring efficiency and improving environmental sustainability.The company generates revenue primarily through subscription-based models, allowing clients to pay for their water management solutions according to specific needs. This includes tailored plans to suit various operational scales and complexities. The revenue stream is further diversified through the provision of additional services that enhance water treatment efficiency and compliance with industry standards.Looking ahead, Island Water Technologies Inc. plans to scale its real-time bioelectrode sensor platform for water and wastewater treatment. The funding obtained in April 2021 will support this initiative, aimed at enhancing monitoring capabilities and optimizing treatment processes. The company is also exploring expansion opportunities into new geographical markets, which include targeting regions in North America and Europe by the end of 2023.

## Funding rounds

- Series A, Apr 6, 2021 — Factore Ventures, Ovivo, Inc.
- Seed, Feb 15, 2018, $0.5M — Island Capital Partners, Natural Products Canada

## Investors

- Island Capital Partners (https://capitalatlas.ai/funds/island-capital-partners) — Seed
- Natural Products Canada (https://capitalatlas.ai/funds/natural-products-canada) — Seed
- Factore Ventures (https://capitalatlas.ai/funds/factore-ventures) — Series A
- Ovivo, Inc. — Series A