TORONTO, August 4, 2021 – Flow Capital Corp. (TSXV: FW) (“Flow Capital,” “Flow,” or the “Company”) announces that it has closed a follow-on investment of US$1.5 Million in the Pyure Co. (“Pyure”).
Pyure designs and manufactures commercial air purifiers that provide dynamic protection against a range of pathogens and improve indoor air quality by eliminating volatile organic compounds and odors. PYURE technology mimics the way sunlight sanitizes the outside environment by safely generating hydroxyls and diffusing organic oxidants indoors. The company’s flagship product is FDA registered as a class II medical device and has been successfully tested for efficacy in reducing airborne SARS-CoV-2, the virus that causes CoVID-19.
“Pyure has demonstrated an effective air and surface sanitation solution, which is key to resuming pre-pandemic social and business interactions in a safe manner. We are excited to be extending our support for them as they continue their impressive growth,” commented Alex Baluta, Chief Executive Officer of Flow Capital.
About The Pyure Company
Inspired by nature and trusted to clean, The Pyure Company is a world-leading air purifying technology innovator. Pyure’s commercial air purifiers are trusted worldwide to safely purify indoor air and surfaces – creating healthier environments for everyone while saving energy by bringing the power of the sun indoors. For over 15 years, The Pyure Company has been helping customers protect their health, improve wellness, and lower industrial by-products while reducing viruses, bacteria, and VOCs. Headquartered in Boynton Beach, Florida, Pyure is privately held. For more information, visit pyure.com.
About Flow Capital
Flow Capital Corp. is a diversified alternative asset investor and advisor, specializing in providing minimally dilutive capital to emerging growth businesses. To apply for financing, visit www.flowcap.com.
For further information, please contact:
Flow Capital Corp.
Alex Baluta
Chief Executive Officer
alex@flowcap.com
47 Colborne Street, Suite 303,
Toronto, Ontario M5E 1P8
Certain statements herein may be “forward-looking” statements that involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Flow or the industry to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether such results will be achieved. A number of factors could cause actual results to vary significantly from the results discussed in the forward-looking statements. These forward-looking statements reflect current assumptions and expectations regarding future events and operating performance and are made as of the date hereof and Flow assumes no obligation, except as required by law, to update any forward-looking statements to reflect new events or circumstances.