Air cleaning co ActivBuildings raises $1-M from Balvi Fund

Ethereum founder Vitalik Buterin's Balvi Fund will invest USD 1 million (about INR 7.6 crore) in Mumbai-based startup ActiveBuidings to help the firm develop and deploy indoor air quality monitors and air cleaners. Under the agreement, ActiveBuildings will deploy 5,000 indoor air quality monitors and 10,000 air cleaners over the next year. ActiveBuildings will also deploy another 10,000 low-cost air cleaners across Maharashtra and Karnataka at critical locations of public importance.