Wednesday, November 7, 2007

Vaperma closes C$ 21.5 million Financing Round

Québec City, Québec, Canada – Vaperma Inc., a leading provider of advanced gas separation solutions aimed at reducing energy costs and carbon footprint, announced it has received Can$ 21.5 million in a second financing round. The funding is led by Low Carbon Accelerator Limited (LCA), a Guernsey-based investment company created to invest in a portfolio of fast-growing low carbon businesses, with participation by Volvo Technology Transfer Corporation (Volvo) and all institutional Vaperma investors - Emerald Technology Ventures, BDC Capital and Fonds d’investissement en développement durable (FIDD). Link.