What is Aquafortus?
Founded in 2015, Aquafortus specializes in the treatment of high-salinity wastewater, a persistent challenge for industries ranging from mining to chemical manufacturing. The company's core technology focuses on crystallizing salts out of wastewater streams, which allows for the recovery of a significantly higher percentage of water compared to traditional evaporation methods. This process not only mitigates the environmental impact of industrial discharge but also provides a circular solution for water-stressed regions. By transforming waste into a manageable byproduct, Aquafortus addresses the dual needs of regulatory compliance and operational efficiency, establishing a unique market position as a leader in sustainable water technology.
How much funding has Aquafortus raised?
Aquafortus has raised a total of $24.5M across 2 funding rounds:
Angel/Seed
$7.5M
Series A
$17M
Angel/Seed (2021): $7.5M with participation from Halter, Rocket Lab, and DCVC Management
Series A (2023): $17M led by EnVision Partners, DCVC Management, Burnt Island Ventures, and Novo Holdings
Key Investors in Aquafortus
DCVC Management
DCVC is a deep tech venture capital firm that invests in entrepreneurs tackling some of the world's most challenging problems, focusing on leveraging artificial intelligence to unlock potential across sectors like energy and biotechnology.
Novo Holdings
Novo Holdings is a Danish private limited liability company wholly owned by the Novo Nordisk Foundation, providing strategic investment to support long-term scientific and industrial innovation.
Rocket Lab
Rocket Lab is a publicly traded aerospace manufacturer and launch services provider that supports technological advancement through its expertise in small-satellite launch vehicles and spacecraft systems.
What's next for Aquafortus?
With the recent influx of capital, Aquafortus is poised to scale its commercial deployment and enhance its technological infrastructure. The company is expected to focus on expanding its reach within global markets where water scarcity and stringent environmental regulations are driving the adoption of advanced treatment solutions. Strategic priorities likely include the optimization of its crystallization process for diverse industrial applications and the strengthening of its supply chain to support larger enterprise-level projects. As the firm continues to mature, its ability to deliver scalable, cost-effective water recovery will be pivotal in securing its long-term viability and influence in the industrial sustainability sector.
See full Aquafortus company page