Spyglass Technologies Secures Seed Funding Agreement from the Florida Institute for the Commercialization of Public Research’s Seed Capital Accelerator Program

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Spyglass Technologies, Inc., a St. Petersburg clean technology startup commercializing water quality monitoring technology developed at the University of South Florida, Lawrence Livermore National Labs, and the Monterey Bay Aquarium Research Institute, has secured a seed funding agreement from the Florida Institute for the Commercialization of Public Research’s Seed Capital Accelerator Program. Spyglass Technologies, founded in 2013 through the merging of Spyglass Biosecurity, Inc. and Bioplex Technologies, Inc., is developing real-time water sensors which perform tests directly in a body of water and not in the lab, so water managers can continuously visualize connections among physical, chemical and biological changes in the water through standard Web-browsers. “Funding through the Institute’s Seed Capital Accelerator Program will enable us to complete pilot testing to monitor water quality at hydraulic fracturing sites and accelerate our entry into the Oil & Gas market”, said company cofounder and CEO Chris Melançon. “With our focus on enabling a global network of water sensors that employ state-of-the-art analytical methods previously restricted to central laboratories, Spyglass is solving one of today’s most difficult societal challenges.” “The products being offered by Spyglass Technologies have applications not only for industrial water quality, but also in other areas where clean water is becoming increasingly scarce, such as decentralized drinking water treatment, energy production, agriculture, and ecosystem restoration”, said Jamie Grooms, Institute CEO.  “Their sensor networks and software provide timely and precise data for the worldwide community of water resource managers and researchers, and the Institute is pleased to support their continued growth and success.”