ecoSPEARS Completes $2 Million Seed Round With Local Investments From Kirenaga Partners and the EIA Social Enterprise Fund


 ecoSPEARS, Inc. announced today that it has completed its initial $2 million seed round funding for its NASA-patented technology solutions for sediment, soil and water remediation of PCBs (Polychlorinated Biphenyl). These toxins have contaminated an EPA-estimated 93%+ of the United States waterways, including such high-profile sites as the Hudson River in New York, the Spokane River in Washington State, Portland Harbor in Oregon, the Kalamazoo River in Michigan and even Pearl Harbor in Hawaii as well as the Great Lakes. This round was led by Kirenaga Partners, a New York and Florida-based early-stage venture capital firm that focuses on identifying and developing transformative technologies to address major social issues such as clean water, fresh food, and infection control; and included an investment from the Orlando-based EIA Social Enterprise Fund I, a seed fund specifically created to invest in early-stage social entrepreneurs. Read more here.