PowerTech Water
Latest round
- Series B
Last raised
- Jun 2021
Total raised
- $7.6M
Investors
- 5
About PowerTech Water
PowerTech Water, Inc.Founded in 2014, PowerTech Water, Inc. operates from its headquarters in Lexington, US, providing innovative wastewater treatment solutions.ElectraMet specializes in advanced wastewater treatment technologies focused on metal recovery, offering a suite of systems designed to address various compliance, purification, and sustainability needs. The core product offerings include the Alpha, Phi, Delta, Gamma, Omega, and Iota systems, each engineered to optimize metal removal and recovery processes across diverse industrial applications, such as semiconductor manufacturing, EV battery recycling, and mining. The Alpha system enhances compliance with environmental regulations by ensuring effective metals removal, while the Phi system focuses on optimizing product quality through purification processes. Delta technology improves efficiency for mid-range concentrations, Gamma excels in the safe abatement of oxidants, and Omega provides bulk recovery solutions targeting sustainability in mining and microelectronics. The Iota serves as a smaller-scale system for evaluation purposes, enabling clients to assess removal effectiveness before larger implementations.ElectraMet generates revenue primarily through the sale and deployment of its proprietary wastewater treatment systems, which are offered on a direct-to-business basis. The company engages in B2B transactions, where clients typically enter into agreements for the installation and operation of these systems, alongside ongoing maintenance and support services. Revenue streams may include transactional sales of individual systems, subscription-based agreements for maintenance and monitoring services, and potential partnerships with industrial firms seeking to integrate ElectraMet’s technology into their existing processes. Specific pricing structures for products and services are determined based on the complexity of the installation and the scale of the wastewater treatment needs, tailored to the requirements of each client.In June 2021, PowerTech Water, Inc. Future initiatives include the design and launch of new products aimed at enhancing wastewater treatment capabilities and targeting specific markets for expansion, although specific product release dates and additional markets have yet to be detailed.
Who invested in PowerTech Water
5 investors across 3 rounds
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Questions about PowerTech Water
Who invested in PowerTech Water?
PowerTech Water has 5 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has PowerTech Water raised?
PowerTech Water has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did PowerTech Water last raise money?
PowerTech Water's most recent round on record is a Series B, in Jun 2021.
What does PowerTech Water do?
PowerTech Water is a environmental services company.
Where is PowerTech Water headquartered?
PowerTech Water is headquartered in Lexington, US.
Which VCs invest in companies like PowerTech Water?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back environmental services companies at PowerTech Water's stage. Their profiles are linked below.
VCs backing environmental services startups at Series B
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