akvolution GmbH, a Berlin, Germany-based provider of water treatment technology, raised a six-digit seed funding round.
High-Tech-Gründerfonds (HTGF) provided the funds.
The company intends to use the capital for product development efforts and acquisition of new professionals (http://www.akvolution.de/career/).
Founded in 2013 by CEO Dr. Matan Beery, CTO Johanna Ludwig and Lucas León as a spin-off of the Chair of Process Dynamics and Operation of the Technische Universität Berlin, akvolution designs and markets compact water treatment plants based on a proprietary technology akvoFloat, a ceramic-based and efficient flotation-filtration process which reduces the energy consumption necessary for water treatment in challenging environments (such as seawater pretreatment of desalination plants).
The akvoFloat™ technology is based on Dr. Beery’s 5-year research prior to the foundation of akvolution and is now ready for field tests. It has also received backing from the Center for Entrepreneurship of TU Berlin and from the EXIST-Technology Transfer Grant.
FinSMEs
25/06/2014