Formarum
Experience seamless water care with our eco-friendly, cost-saving solution for pristine recreational waters.
Experience seamless water care with our eco-friendly, cost-saving solution for pristine recreational waters.
Formarum is a Canadian startup that has developed an innovative, eco-friendly solution for water care. Their product, Dive, is an automatic all-in-one sanitization device designed to revolutionize the management of recreational waters. By utilizing cutting-edge technology, Dive minimizes the use of chlorine to up to 90% less than typical levels, complying with government regulations. This not only ensures a safer recreational experience but also results in reduced maintenance time and cost savings for users. Additionally, Dive is self-powered, eliminating the need for an external power source.
Founded in 2013, Formarum operates in the Social Media and Sports industries. In December 2017, the company secured a $150.00K seed round investment from OneTen Capital, showcasing investor confidence in the potential of their innovative solution.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | $150.00K | 1 |
|
12 Dec 2017 |
| Seed Round | $500.00K | 1 |
|
27 Oct 2016 |
| Seed Round | Unknown | 1 |
|
14 Nov 2014 |
| Equity Crowdfunding | $104.00K | - | 04 Apr 2014 | |
| Seed Round | $38.00K | 1 | Ryerson University | 01 Mar 2014 |
No recent news or press coverage available for Formarum.
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