Aquatic Informatics Receives Financing from CIBC Innovation Banking

Jan 23 16:01 2020 Print This Article

CIBC Innovation Banking announced that it is providing $8 million debt financing to Aquatic Informatics. The capital will be used by the company to support growth, including strategic acquisitions.

“We are proud to be working with Vancouver-based Aquatic Informatics, a company driving technological change in the global water management system,” said Joe Timlin, managing director of CIBC Innovation Banking Vancouver. “Their mission couldn’t be more important, and we are here to help them achieve it.”

Aquatic Informatics provides software solutions that address water data management and analysis challenges. Backed by XPV Water Partners, the company’s software platform centralizes data, simplifies analysis, automates workflows, predicts issues, shares information, and ensures regulatory compliance. With better water data to analyze, organizations can quickly improve decision making to efficiently deliver safe drinking water.

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