Oneka Technologies, a designer of autonomous desalination buoys that uses wave energy to produce drinking water, has recently completed its second round of financing in collaboration with Anges Québec.
This inflow of capital of 2 million dollars should allow the company to launch their product, starting with the Caribbean market.
“We would like to thank all of the investors who believe in our technology and the urgent need to improve the lives of millions of people around the world,” said Dragan Tutic, cofounder of Oneka Technologies. “We’re thrilled to move into this new phase—bringing our product to market is the first step to unleashing its full potential.”
A number of Anges Québec’s members, Anges Québec Capital, Sherbrooke Innopole, private investors, Canada Economic Development for Quebec Regions, Investissement Québec and Ministère de l’Économie et de l’Innovation are investing to support this Canadian firm, helping to create eight new jobs.
The company also recently completed the sea trials for the fourth generation unit. The unit achieved a performance of 5 to 10 cubic meters per day (5,000 to 10,000 Liters per day) of drinking water depending on the conditions. Waves of 0.6 meters to 1.2 meters of height are needed for such productions. The unit has been taken out for the engineering team to focus on the first commercial unit.