Hydroleap Raises $4.4 Million in Series A Funding Round to Revolutionize Water and Wastewater Treatment
July 19, 2023
Singapore, Singapore - Hydroleap Pte Ltd, a pioneering technology startup in the environmental services industry, has successfully secured $4.4 million in a Series A funding round. The investment was led by prominent venture capital firms Wavemaker Partners and SEEDS Capital, alongside Real Tech Holdings Co.,Ltd., a key player in the industry. This funding will further empower Hydroleap to continue its mission of transforming water and wastewater treatment through its groundbreaking chemical-free technology.
Hydroleap aims to revolutionize the water and wastewater treatment space by making the process not only eco-friendly but also cost-effective and operationally efficient. The company has accomplished this by developing cutting-edge water treatment technology that replaces expensive chemical treatment with a smart electrical treatment.
Hydroleap's proprietary technology is specifically optimized for high suspended solids (TSS), Chemical Oxygen Demand (COD), and turbid and dye wastewater. This makes it a perfect solution for a wide range of industries, including construction, mining, tannery, textile, abattoir, food and beverage, oil & gas, and semiconductor sectors.
"We are grateful for the overwhelming support and confidence shown by our esteemed investors," said Mohammad Sherafatmand, the Founder of Hydroleap. "This funding will enable us to take our mission to the next level and bring about a significant positive impact on the environment and various industries that rely on effective water treatment."