# Watercycle Technologies

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

- Industry: Environmental Services
- Headquarters: Manchester, UK
- Website: www.watercycletechnologies.com
- Total disclosed funding: $5.6M
- Latest round: Series A (Nov 25, 2024)
- Investors on record: 1

## About

Based in Manchester, UK, and founded in 2020 by Chief Executive Officer Seb Leaper and Chief Technology Officer Ahmed Abdelkarim, Watercycle Technologies Ltd operates as a manufacturer of membranes and systems for the extraction of pure water and rich minerals and high-yield water treatment and mineral extraction systems. In November 2024, Watercycle Technologies Ltd raised USD 5.6 million led by Par Equity.

Watercycle Technologies Ltd specializes in advanced mineral recovery systems that extract high-purity products and clean water from a variety of inputs, including sub-surface brines, industrial wastewater, and end-of-life batteries. The company’s technology focuses on direct lithium extraction and crystallization (DLEC), enabling sustainable production of battery-grade lithium salts. Its systems also support water security issues, ensuring compliance with effluent discharge regulations across various industries. As of 2024, the firm’s customer base includes lithium producers, wastewater treatment facilities, and battery recycling companies across North America, Europe, and Asia.

The company plans to use the funding from November 2024 to extend its services to the MENA region.

## Funding rounds

- Series A, Nov 25, 2024, $5.6M — PXN Group

## Investors

- PXN Group (https://capitalatlas.ai/funds/pxn-group) — Series A