VANCOUVER, British Columbia–(Business WIRE)–Jul 30, 2020–
VodaSafe, the basic safety technological innovation business behind the world’s initially hand-held scanning sonar machine for drinking water-centered lookup and rescue, AquaEye®, now announces $1.4M in seed funding. The elevate will assistance VodaSafe further grow the availability of AquaEye® all over Canada and the United States.
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The VodaSafe AquaEye® is the world’s very first hand-held scanning sonar device for drinking water-based mostly search and rescue (Image: VodaSafe)
The raise is led by Vanedge with participation from BDC, two Canadian undertaking money firms that have funded successful hardware technological know-how corporations such as Echodyne, Recon Devices, SpaceX, and TouchBistro.
“We are on a mission to make the complicated process of drinking water rescue and restoration as swift, simple and efficient as doable,” explained Carlyn Loncaric, Founder and CEO of VodaSafe. “We designed this engineering from the ground up mainly because every second counts in a water rescue scenario. AquaEye® enables rescuers to immediately assess a scene and discover prospective victims inside of seconds of moving into the water.”
The hand-held sonar gadget, AquaEye® takes advantage of the latest ultrasound and synthetic intelligence systems to present groundbreaking drinking water rescue reaction. AquaEye® is specifically made to be moveable, long lasting, and effortless to use for unexpected emergency reaction teams to aid in the rescue and recovery of lacking people.
“VodaSafe’s mission is a thing that we have been quickly equipped to get behind – preserving lives,” claimed Amy Rae, Principal at Vanedge Funds. “Carlyn and the VodaSafe team have made impressive new know-how that we are energized to help by looking for escalating security standards at summer camps and bodies of h2o, we hope that we are carrying out our aspect in strengthening water safety criteria in North America – if you have a whistle and PFD, you will also have an AquaEye®.”
AquaEye®’s ultrasound and artificial intelligence technological innovation is unparalleled with the ability to conduct a 360 diploma scan in as minimal as 3-5 minutes with a research region protection of 85,000 sq. ft or almost two acres. AquaEye® is providing first-of-its-form technology to research and rescue teams, hearth departments, law enforcement forces, summer months camps and other water-similar groups throughout North The us.
“We have employed AquaEye® in a restoration situation in which we were being equipped to aid bring closure to a spouse and children in a make any difference of minutes. In our feeling, AquaEye® will not only assistance numerous households but also continue to keep these ready to sacrifice themselves to assist carry our beloved kinds property, safer,” said Mike Fugate, President of The BMF Challenge and AquaEye® customer.
VodaSafe’s AquaEye® is at present readily available via Barrier Waterman in the United States, and by the Lifesaving Culture, or straight as a result of VodaSafe, in Canada.
For a lot more facts, stop by www.vodasafe.ca.
About VodaSafe: VodaSafe is the North American chief in present day drinking water dependent rescue technologies for look for and rescue, crisis responders, lifeguards, and leisure users to aid in lifesaving and recovery endeavours. Born from the intersection of engineering and lifeguarding on the West Coast of Canada, VodaSafe’s flagship product or service, AquaEye®, is the world’s first hand-held scanning sonar device that utilizes ultrasound and artificial intelligence systems for drinking water rescue and recovery. For more information, go to: www.vodasafe.ca
About Vanedge: Vanedge Funds is a Vancouver primarily based early-phase venture cash fund investing in know-how inflection factors in emerging difficult tech, analytics and computational biology. As business people and investors, we have crafted and led environment-course providers employing a exceptional blend of operating leadership and administration topic issue knowledge technologies networks associations with technologies, imaginative, and administration expertise. Vanedge has about $300M in assets below administration. To find out far more, check out: www.vanedgecapital.com
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