Tech Company Financing Transactions
Aquaback Technologies Funding Round
Aquaback Technologies secured a $110 million venture capital round on 6/30/2023. Backers included GEM.
Transaction Overview
Company Name
Announced On
6/30/2023
Transaction Type
Venture Equity
Amount
$110,000,000
Round
Undisclosed
Investors
GEM (Lead Investor)
Proceeds Purpose
The market applications available to Aquaback include industrial wastewater treatment and recycling, point of entry safe water supply, recycling virtually any contaminated source water for any intended use including direct potable use, advanced treatment by water utilities to remove emerging contaminants, production of distilled water as feed water for electrolyzers to produce green hydrogen, and advanced treatment of septic and sewage to mitigate nitrogen pollution.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
4 Raymond Ave 8
Salem, NH 03079
USA
Salem, NH 03079
USA
Phone
Website
Email Address
Overview
Aquaback's technology harnesses the power of distillation, the most trusted purification process, but with a breakthrough in energy efficiency to significantly reduce costs and unlock a multitude of environmental and humanitarian solutions. Specializing in decentralized water treatment, our innovative distillation systems tackle water scarcity and recycling challenges by efficiently purifying wastewater. With a focus on sustainability and cost-effectiveness, we offer a transformative approach to water management.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Scott Newquist
Chief Technical Officer
William Zebuhr
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Where The Data Comes From
We do our best to document funding rounds that are announced publicly. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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