NanobOx, a Dublin, Ireland-based nanobubble technology provider, raised $1M in funding.
The round was led by The Yield Lab, with participation from DeepIE Ventures and Growing Capital.
The company intends to use the funds to complete field trials in agriculture and aquaculture, with the aim of going to market in 2024.
Led by CEO Dr John Favier, NanobOx provides a system for generating air, oxygen or ozone nanobubbles in water requiring only 10s of watts of power. Its nanobubble generation technology can handle clean or highly solids-laden water with a wide range of pH, salinity and ionic composition equally well. The company is developing solutions for treatment of source and process waters in:
- Controlled Environment Agriculture,
- Outdoor Irrigated Crops,
- Agricultural Wastewater Treatment.
- Recirculating Aquaculture Systems used in smolt, post-smolt hatcheries and growout fish farms,
- Inland shrimp and fish ponds and raceways.
The nanobubble generators can be installed adjacent to, inline or immersed in water-based storage, handling, transport and cleaning systems.
FinSMEs
22/11/2023