Variolytics, a company focused on decarbonizing the wastewater sector, has successfully closed a growth financing round led by Nordic Alpha Partners (NAP) and including investments from the European Innovation Council (EIC), High-Tech Gründerfonds (HTGF), and Fraunhofer Technology Transfer Fonds (FTTF). Founded in 2020 as a spin-off from the Fraunhofer Institute, Variolytics has developed sensor technology to detect and reduce greenhouse gas emissions in wastewater treatment plants, which account for a significant percentage of global emissions. Their EmiCo solution provides real-time measurements of nitrous oxide (N2O) levels, enabling operators to adjust processes and reduce harmful emissions.
FTTF’s investment approach, coupled with NAP’s collaboration and operational strategies, has validated Variolytics’ technology and market potential, leading to a significant stake acquisition by NAP. The investment aligns with NAP’s commitment to driving impact on emissions and accelerating the path to net zero in a cost-effective manner. Variolytics’ technology has the potential to reduce emissions by up to 50% and energy consumption by up to 20% within 12 months of installation.
The investment by NAP, alongside existing and new investors, demonstrates confidence in Variolytics’ technology and growth potential. The transaction is expected to be completed in Q1 2025, subject to regulatory approvals. The collaboration between NAP and Variolytics underscores the shared vision for scaling the company’s sensor technology and software platform to its full potential. With support from key investors, Variolytics is poised for significant growth in the water technology sector.
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