Aquanis receives $250K in Seed Funding
Slater Technology Fund Commits $250,000 to Wind Energy Company
Early-Stage Company is Developing Device to Reduce the Cost of Wind Energy
Providence, R.I., September 6, 2016 – The Slater Technology Fund today announced it has committed $250,000 to Aquanis, a North Kingstown, RI-based startup developing a device that promises to improve efficiency and extend the service life of utility-scale wind turbines. With a mission of reducing the cost of wind energy, Aquanis aims to play a key role in helping the industry reach the Department of Energy’s goal of quadrupling domestic wind power generation capacity by the year 2030.
You can read more about it here.
(Aquanis was renamed Arctura in October, 2020. You can learn about the name change and all of the company’s activities on our website.)