CBLU.v receives $5 million in non-dilutive funding. Since announcing its receipt of a $5 million grant from the SDTC, Clear Blue Technologies (TSXV: CBLU) shares have climbed just over 30%.
This non-dilutive funding will give CBLU additional runway to continue R&D activities as it incorporates its next level of smart analytics and machine learning features into its product suite.
CBLU was also recently featured on The Globe and Mail’s list of top-growing companies in Canada. These two recognitions from national organizations give me confidence that 2023 will be a strong year for the company.
CBLU.v is currently trading at $.125, valued at $9.59 million.
https://ceo.ca/@GlobeNewswire/clear-blue-technologies-receives-5-million-grant-funding