# Hydroleap Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hydroleap-pte

- Industry: Power & Utilities
- Headquarters: Singapore, Singapore
- Website: www.hydroleap.com
- Total disclosed funding: $6.7M
- Latest round: Series A (Aug 18, 2023)
- Investors on record: 9

## About

Hydroleap Pte. Ltd., based in Singapore, specializes in advanced wastewater treatment solutions through innovative electrochemical technologies, ensuring efficient removal of contaminants and promoting sustainable practices across various sectors.Hydroleap Pte. Ltd. provides advanced electrochemical wastewater treatment solutions, primarily through its flagship technologies: electro-coagulation (HL-EC) and electro-oxidation (HL-EO). Founded in 2016 in Singapore, the company has secured a total of USD 2.50 mn through various funding rounds, with the latest being a Series A round in August 2023, raising USD 4.4 mn led by UntroD Capital and involving other investors including Invest Victoria and Mitsubishi Electric. The CEO and founder, Mohammad Sherafatmand, has not publicly disclosed prior company formations.Hydroleap specializes in advanced wastewater treatment through its innovative electrochemical technologies, specifically the HL-EC and HL-EO systems. These solutions effectively eliminate contaminants such as suspended solids, heavy metals, and organic pollutants. Hydroleap's technologies support diverse markets including manufacturing, agriculture, and municipal utilities, focusing on clients such as data centers, food and beverage producers, and pharmaceutical manufacturers. By providing modular and efficient systems, Hydroleap aims to enhance water reuse and assist clients in complying with environmental regulations.In 2023, Hydroleap generated a revenue of USD 827,936.80 with an EBITDA of USD -536,226.60. The company's revenue primarily derives from business-to-business sales of its electrochemical treatment technologies and services, tailored to meet specific wastewater treatment needs, indicating a strategy focused on operational cost savings and sustainable solutions for clients.In August 2023, Hydroleap Pte. Ltd. raised USD 4.4 mn in Series A funding, which will be utilized to expand its market reach into the Asia-Pacific region. The company aims to launch new products designed to enhance wastewater treatment capabilities while strategically targeting growth in specific markets by leveraging recent investments. As part of its strategy, Hydroleap plans to strengthen partnerships and collaborations to broaden its service offerings and adapt to evolving industry needs.

## Funding rounds

- Series A, Aug 18, 2023, $4.4M — Invest Victoria, Wavemaker Partners, UntroD Capital, SEEDS Capital, Mitsubishi Electric
- Seed, Nov 24, 2020, $2.3M — Wavemaker Partners, 500 Global, SparkLabs Global Ventures, SGInnovate, SEEDS Capital, Apsara Investments

## Investors

- Wavemaker Partners (https://capitalatlas.ai/funds/wavemaker-partners) — Seed, Series A
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- SparkLabs Global Ventures (https://capitalatlas.ai/funds/sparklabs-global-ventures) — Seed
- SGInnovate (https://capitalatlas.ai/funds/sginnovate) — Seed
- SEEDS Capital (https://capitalatlas.ai/funds/seeds-capital) — Seed, Series A
- Apsara Investments — Seed
- Invest Victoria — Series A
- UntroD Capital — Series A
- Mitsubishi Electric — Series A