- Singapore-based deep tech firm Hydroleap has raised $4.75 million to accelerate the deployment of its sustainable, chemical-free water treatment solutions across Asia.
- The fresh capital will drive Hydroleap’s regional growth, staff expansion, and partnerships with municipalities and industries pursuing greener water infrastructure.
Deep tech firm Hydroleap, based in Singapore, has raised $4.75 million in its most recent fundraising round to hasten the introduction of its environmentally friendly water treatment systems throughout Asia.
Hydroleap, headed by CEO Dr. Mohammad Sherafatmand, is addressing one of the biggest environmental issues facing the area by substituting high-performance, sustainable electrochemical technology for conventional chemical water treatment methods.
“This funding round, particularly with the backing of strategic and institutional investors, underscores strong confidence in Hydroleap’s technologies,” said the CEO.
The new round of capital will help fuel Hydroleap's regional growth and enhance further development of its next-generation sustainable technologies targeting the double menace of industrial water pollution and resource wastage.
Established to offer affordable, chemical-free water treatment, Hydroleap utilises proprietary electrochemical technology to treat wastewater from industries such as manufacturing, data centres, and utilities.
The firm asserts its solutions minimise chemical consumption, decrease operational expenses, and provide high-efficiency contaminant removal, supporting net-zero and water savings objectives for customers.
The investment will also allow Hydroleap to expand its staff and develop alliances with companies and cities looking to improve their environmental infrastructure.
With Asia experiencing increasing water scarcity and sustainability issues, investors believe Hydroleap has the potential to have a strong environmental impact.
Edited by Annette George