# Organica Water

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/organica-water

- Industry: Environmental Services
- Headquarters: Budapest, Hungary
- Website: www.organicawater.com
- Total disclosed funding: $41M
- Latest round: Series D (Feb 1, 2018)
- Investors on record: 8

## About

Organica Water Inc. specializes in wastewater treatment solutions designed to be cost-effective and environmentally friendly, offering innovative approaches to enhance water management for municipalities and industries worldwide.Founded in 1998 in Budapest, Hungary, Organica Water Inc. develops and implements advanced wastewater treatment facilities. The company was established by Attila Bodnar and has pivoted towards a botanical garden-like model for treating wastewater. Organica has successfully completed a total of 6 deals and recently raised USD 21.00 mn in a Series D funding round led by CITIC Capital Holdings, bringing the total amount raised to USD 21.00 mn. Akhil Barar currently serves as CEO.Organica Water specializes in innovative wastewater treatment solutions that utilize a botanical garden-like approach. Their core offerings include the design and implementation of Organica Facilities, which cater to municipalities and industries seeking to enhance wastewater management processes. The company provides a full suite of services including treatment plant design, supply of technology components, control packages, and commissioning supervision, primarily targeting water utility operators and EPC contractors.In the most recent fiscal year, Organica Water recorded a revenue of USD 195,044 and an EBITDA of USD 128,268. Revenue is generated through project-based contracts and operational service agreements with clients, focusing on B2B interactions with water utility providers and EPC contractors.Organica Water Inc. plans to expand its service offerings and enhance its product lineup with new wastewater treatment technologies. They aim to penetrate new geographic markets, with specific targeting of regions in Europe, Asia, North America, and South America by the end of the current financial year. Recent funding from Udyat Ventures will be utilized to support these strategic initiatives and accelerate their growth in existing and new markets.

## Funding rounds

- Series D, Feb 1, 2018, $21M — WL Ross & Co, Idinvest Partners, GCP Gamma Capital Partners, CITIC Capital Holdings, IFC Asset Management Company, RNK Capital
- Series C, Jul 21, 2015, $9.1M — Idinvest Partners, GCP Gamma Capital Partners, International Finance Corporation, XPV Water Partners
- Series B, Aug 7, 2013 — WL Ross & Co, GCP Gamma Capital Partners, IFC Asset Management Company, RNK Capital
- Series A, Jun 1, 2010, $5M — GCP Gamma Capital Partners, RNK Capital
- Series A, Jun 1, 2008, $6.3M — GCP Gamma Capital Partners, RNK Capital

## Investors

- GCP Gamma Capital Partners (https://capitalatlas.ai/funds/gcp-gamma-capital-partners) — Series A, Series B, Series C, Series D
- RNK Capital — Series A, Series B, Series D
- WL Ross & Co (https://capitalatlas.ai/funds/wl-ross-co) — Series B, Series D
- IFC Asset Management Company (https://capitalatlas.ai/funds/ifc-asset-management-company) — Series B, Series D
- Idinvest Partners (https://capitalatlas.ai/funds/idinvest-partners) — Series C, Series D
- International Finance Corporation — Series C
- XPV Water Partners (https://capitalatlas.ai/funds/xpv-water-partners) — Series C
- CITIC Capital Holdings (https://capitalatlas.ai/funds/citic-capital-holdings) — Series D