The company makes an add-on for existing engines that converts diesel fuel to a cleaner-burning mix before it hits the combustion chamber. However, its products won’t be on sale until next year.
The $15.4 million investment was led by Altira. Japanese auto company Itochu also participated, along with previous investors Yaletown Venture Partners, GrowthWorks Capital, BC Advantage Funds and Polygon Financial Investments.
VentureBeatVentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
- up-to-date information on the subjects of interest to you
- our newsletters
- gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
- networking features, and more