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Orbia’s Building and Infrastructure business Wavin, a global water technology leader, announced that it has awarded $50,000 in non-dilutive capital to Aquacycl, an energy-neutral wastewater treatment technology company.
Aquacycl offers a unique technology to rapidly treat high-strength wastewater, eliminate primary sludge, and recover energy as direct electricity without producing any methane. In 2021, the California-based startup deployed its technology with one of the world’s largest food and beverage companies: a sector that produces 1.4 billion liters of wastewater in the U.S. alone.
“We’re pleased to invest in new water technologies for North America that help solve the need for clean and safe water while moving the needle on meeting UN water goals,” said Courtney Fretz Obregon, vice president and general manager of Orbia Building and Infrastructure (Wavin) North America. “Aquacycl is an exemplar of Water Solutions for Climate, Environment and Resilience, one of the UN Water Conference’s thematic areas. It has the winning combination of breakthrough innovation, a sustainable business model and strong market adoption. Congratulations to the Aquacycl team.”
“We were thrilled to collaborate with Orbia’s Wavin business on the Boiling Point Challenge to showcase promising solutions accelerating progress towards the UN water goals,” said Kelly Trott, vice president of Imagine H2Oa global 501c3 water innovation accelerator. “By partnering with innovative and sustainability-focused businesses like Wavin, we can drive the adoption of solutions that have a meaningful impact on ensuring access to clean water for all.”
Four additional water technology company founders pitched their solutions to a panel of judges from Orbia, Aqualateral, the World Economic Forum, Burnt Island Ventures and Dhaka Wasa. Each company’s concepts aligned to one of the UN 2023 Water Conference thematic areas and included:
As part of the event, Wavin hosted its first U.S. Wavin WaterTech Forum, with keynotes featuring Dutch "aquapreneur" Friso Klapwijk, who pioneered a system to transform unused urban flat roofs into a smart grid for rainwater capture and green space, and RainKeep artist Allison Newsome, recognized in 2022’s Fast Company’s World Changing Ideas Awards. Both discussed how nature-based solutions inspire circular water design.
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