XPV Capital leads $9.1 mln Series C funding of Organica Water
Organica Water Inc, a provider of innovative solutions for wastewater treatment and recycling, has secured US$9.1 million in Series C financing, with a second tranche to follow. The round was led by Canadian growth equity firm XPV Capital Corp and was joined by Idinvest Partners, International Finance Corp and Gamma Capital Partners. Organica, which is based in Princeton, New Jersey, said the latest investment will allow the company to strengthen its balance sheet, undertake the delivery of wastewater solutions to larger and more complex projects, and invest in an online platform. As part of the deal, XPV Managing Director Khalil Malouf will join Organica's board of directors.
21 July 2015•6 mins read
