The Slater Technology Fund has invested $50,000 in local water technology company HMSolution Inc.
The company, co-founded by Brown University graduate and CEO Margaret Lengerich, has created technology designed to remove eight of the most common heavy metals in drinking water at a cost lower than traditional filtration methods
MassChallenge will receive $100,000 through an Innovation Matching Grant to help Rhode Island create a “powerful innovation brand” and build its reputation as “an ideal state for entrepreneurship.”
Andy Trench, CEO and founder of XactSense, talks with Providence Business News about the Warwick startup and how it recently was named a MassChallenge Boston 2015 winner. The company, which employs three people, builds autonomous 3-D laser-scanning drones.