Daily Markup #767: Hydroleap helps companies tackle even the toughest wastewater with two efficient, chemical-free ways that consume less energy, and more from this week

Credit: Hydroleap

Waste not

  • When we talk about waste, we often think of materials such as plastic, glass, and food waste. But what about water? 500-backed purification company Hydroleap is taking care of that.
  • To meet their ESG goals, many companies are looking to reduce their carbon footprint and even turn their wastewater into a resource. However, not only is it a complex and expensive job, but also inefficient and energy-intensive.
  • Hydroleap has developed two sustainable processes that require no chemicals — electrocoagulation, for oil, grease, and suspended solids; and electrooxidation for not-as-tough contaminants.
  • “Electrical treatments have actually been around for a while, but they have not been scaled because they consume high energy. On average, competitors’ analyses show 2 to 4 kilowatts (kwh) per cubic meter,” shared Founder & CEO Mohammad Sherafatmand. The company’s alternative process, on the other hand, only requires as low as 0.8 kwh.
  • And the team has real results to show for it: a food and beverage manufacturer lowered energy consumption by more than 40% for the downstream process, while a data center customer reduced its water discharges by 70% while shaving chemical consumption by 80%.
  • Besides the benefits of lower operating costs and chemical avoidance, the technology can be scaled up and down as the systems are modular.
  • With a market concentration in Singapore, the Philippines, Indonesia, and Thailand, Hydroleap has 8 projects in the pipeline for 2023.
  • With the funds raised so far, the team is looking to expand their manufacturing and execution capabilities to address more customers in Southeast Asia and Oceania. “We are also searching for local partners/customers in other regions to expedite our market penetration,” Mohammad added.
  • Read the full story here.

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  • ZaynFi is the first DeFi platform to gain Shariah approval from Amanie Advisors as a trusted & transparent platform for Muslims
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