Devic Earth Pvt. Ltd., a Bangalore based green technology company, has raised its first institutional funding of Rs. 10 crores from Blue Ashva Sampada Fund. The funds raised will be utilized to expedite its growth, product roadmaps, and operational presence in global markets. The company was founded in 2018 by Dr. Srikanth Sola, a globally eminent cardiologist with the aim of eradicating the root cause of various health and environmental disorders originating from pollution.
Devic Earth, with its novel IP, is uniquely placed across markets by offering products that are scalable and sustainable with advanced technology that provide user-friendly solutions to the problems faced due to air pollution.
The niche product offering of Devic Earth- ‘Pure Skies’ provides the most technologically advanced and user-friendly solution to improve ambient air quality. It comes with an intelligent Wi-Fi based technology to handle airborne gaseous and particle pollutants across industries, homes, and cities. A single push of a button can help remove 40-50% of nano-sized particles at <20µm, including PM2.5 and PM10.
“We are excited to have Blue Ashva Capital invest in our company and share our vision and mission of providing pure air to families and businesses across the world,’’ said Dr. Srikanth Sola, Founder and CEO of Devic Earth Pvt. Ltd.
"Devic Earth has developed and deployed a unique technology, Pure Skies, for improving air quality. Its ability to solve air pollution at scale for cities and large outdoor areas, factories and industries would find application globally. Truly an Indian Innovation ready to solve the global challenge of air pollution. We are proud to be partnering with Devic Earth to offer Clean air as a Service (CaaS)." said Satya Bansal, Founder, Blue Ashva Capital.