# Akvola Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/akvola-technologies

- Industry: Power & Utilities
- Headquarters: Berlin, Germany
- Website: www.akvola.com
- Latest round: Series A (Aug 5, 2016)
- Investors on record: 3

## About

Akvola Technologies specializes in innovative water treatment solutions, focusing on the development of advanced nanomaterials that enhance the efficiency of water purification processes.Founded by Lucas Leon, Akvola Technologies operates from its headquarters in Berlin, Germany. The company specializes in water treatment technologies and has made strategic pivots in its operations to focus on developing proprietary materials for improving water purification processes. In August 2016, Akvola Technologies successfully raised Series A funding, targeting to enhance its operational capabilities and broaden its market reach. The company has been involved in 2 deals to date, with its most recent funding round highlighting its ongoing growth trajectory.Akvola Technologies offers a suite of advanced water treatment solutions, utilizing proprietary nanomaterials designed to significantly improve water purification efficiency. Their primary focus is on developing products aimed at addressing critical water quality issues faced by various industries. The company caters to a diverse client base which includes municipalities and industrial sectors that require reliable water treatment solutions to meet regulatory standards and optimize operational efficiency.In the most recent fiscal year, Akvola Technologies reported a revenue of USD 414,531, showcasing its operational capabilities and market presence in the water treatment industry. The revenue is generated through the provision of technology solutions aimed at enhancing water purification processes for its clients.Looking ahead, Akvola Technologies aims to launch several new products focused on advanced water treatment technologies within the next two years. The company is also exploring opportunities to expand into new geographic markets, specifically targeting regions in North America and Asia by the end of 2025. The recent funding raised in August 2016 will be utilized to support these initiatives, allowing for enhanced product development and market penetration strategies.

## Funding rounds

- Series A, Aug 5, 2016 — High-Tech Gruenderfonds, VNG Innovation, BAMAC GmbH
- Seed, Jun 1, 2014 — High-Tech Gruenderfonds

## Investors

- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Seed, Series A
- VNG Innovation — Series A
- BAMAC GmbH — Series A