Clear Blue Technologies raises $1.85 mln in private placement
Toronto-based Clear Blue Technologies Inc, a smart off-grid company, has raised $1.85 million in a private placement transaction. Haywood Securities, a Canadian investment dealer, was the round's leader. The investment adds to the $500,000 in funding secured by Clear Blue in 2014 from Grenville Strategic Royalty Corp and the Ontario Centres of Excellence (OCE). The company, which aims to combine green energy with the advantages of communications and cloud technology to power and control off-grid lighting, security and mobile solutions, said it will achieve 300 percent sales growth this year.
16 December 2015•3 mins read
