Deal

Vaekstfonden invests in AquaZ

The Danish Company AquaZ has received funding of several million DKK from Vaekstfonden, Elsweb and Bankinvest.

AquaZ is developing a new technology for water purification which is far more efficient than prevalent methods and requires less energy. The technology will be able to purify water 5 times as quickly as traditional methods and with a reduction in energy consumption of up to 70 percent, according to AquaZ CEO Jørgen Steen-Pedersen.

The capital will be used to further develop the AquaZ membrane technology.

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FundVF Venture (Vækstkapital)
Portfolio CompanyDanfoss AquaZ
Date of Transaction2010-09-07
TransactionAcquisition
Seller
Buyer
Size of Transaction 
Ind. FocusCleantech
GeographyDenmark
StageVenture
 

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(2011-07-13)