# MediSun Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/medisun-energy

- Industry: Renewable Energy
- Headquarters: Singapore, Singapore
- Website: www.medisun.energy
- Total disclosed funding: $3.8M
- Latest round: Seed (Nov 25, 2024)
- Investors on record: 4

## About

Founded in 2024 and based in Singapore, MediSun Energy operates as a renewable energy company that generates power from salinity gradients using Reverse Electrodialysis (RED). The company has completed 2 deals, with its latest deal on November 25, 2024, raising USD 3.75 mn in a Seed funding round led by Vynn Capital, alongside investors CIRI Ventures and TNB Aura. Dusun Kim (CEO) and Joseph Chua co-founded the firm.

MediSun’s core product offerings center around water and energy solutions utilizing Reverse Electrodialysis (RED) technology, a form of Salinity Gradient Power (SGP). The RED system converts the salinity gradient between seawater and freshwater into electricity, thereby addressing the pressing global water crisis through sustainable desalination processes. These systems are engineered to eliminate the generation of brine, a common environmental challenge associated with conventional desalination methods, and reduce energy consumption during operation. MediSun's technologies are geared towards various end-use cases, including providing clean drinking water in regions with water stress and offering renewable energy solutions that contribute to the reduction of carbon emissions. The company targets markets in the A.S.E.A.N region, alongside strategic partnerships in the UAE, Hong Kong, Thailand, and Malaysia, to serve governmental and industrial clients focused on sustainable infrastructure development. 

MediSun generates revenue primarily through B2B transactions involving the sale and implementation of its RED technology systems to commercial partners and government entities. The transaction structure typically involves direct partnerships where clients integrate these systems into existing infrastructure or new projects, facilitating the provision of clean water and renewable energy. Pricing plans are structured around customized solutions that meet the specific needs of customers, which may include upfront costs for technology installation and long-term service agreements for maintenance and support. 

MediSun Energy plans to utilize its recent Seed funding of USD 3.75 mn to establish two facilities for membrane and stack production. The company aims to expand into the A.S.E.A.N region and strengthen its presence in the UAE, Hong Kong, Thailand, and Malaysia by 2025. The funding will support the development and launch of new products designed to enhance the efficiency of its RED technology, aligning with the company's commitment to sustainable infrastructure solutions.

## Funding rounds

- Seed, Nov 25, 2024, $3.8M — Vynn Capital, TNB Aura, CIRI Ventures, MOAJ Holding

## Investors

- Vynn Capital (https://capitalatlas.ai/funds/vynn-capital) — Seed
- TNB Aura (https://capitalatlas.ai/funds/tnb-aura) — Seed
- CIRI Ventures (https://capitalatlas.ai/funds/ciri-ventures) — Seed
- MOAJ Holding — Seed