University of Manchester spin-out Arvia Technology, which treats organic liquid waste, has raised money from prior backer MTI, as well as investors Sustainable Technology Investors and Park Walk Advisors.

Arvia Technology, a University of Manchester spin-out company which treats organic liquid waste, has raised £3.8m ($6.1m) from investors including venture firms MTI Partners, Sustainable Technology Investors and advisory firm Park Walk Advisors. A number of smaller existing shareholders also invested. Arvia has commercialised its technology to destroy organic substances that are either dissolved or…

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