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.
Other stories you may have missed:
- How offering free food and cleaning crabs led to Grab becoming a life-changing superapp for Southeast Asians
- abillion celebrates 5 years in sustainability with 1M app downloads and US$2.8M+ donated to causes worldwide
- ZaynFi is the first DeFi platform to gain Shariah approval from Amanie Advisors as a trusted & transparent platform for Muslims
- Mitra Bukalapak aims to serve the underbanked in Indonesia with new physical and virtual services
- Prenetics announced their Q1 2023 financial results of US$17.7M in revenue, along with recent business updates
- Vishal Harnal (Managing Partner at 500 Global) shares with Nikkei Asia how VC investors are shifting gears amid rising global interest rates
- Prenetics named ex-Fave boss Joel Neoh as both the group’s chief consumer officer and managing director of CircleDNA, its consumer health business