Watercycle Technologies Ltd (‘Watercycle’ or the ‘Company’) is pleased to announce the closure of a $5.6 million Series A investment round led by Par Equity as part of a syndicate with Greater Manchester Combined Authority (‘GMCA’), Aer Ventures and the University of Manchester Innovation Factory.
This investment will enable Watercycle to rapidly scale up and commercially deploy its technology to deliver sustainable, low-cost, high-yield mineral recovery systems.
Watercycle’s mineral recovery systems have received international traction from government bodies and businesses on every continent. The goal of the Company’s proprietary technology is twofold: mitigating the growing critical mineral supply risks and fostering a circular economy in which waste is converted into value. The Company is looking to deploy its innovative solutions which will significantly impact the production of raw materials crucial for facilitating the green energy transition.
Paul Dudley, Managing Partner from Aer Ventures wrote:
“We are delighted to have played a role in supporting Watercycle over the past couple of years. In this time the business has developed its cutting-edge technologies rapidly and can now provide important solutions to a range of customers in the Critical Metals sector. Today we welcome new investors to help develop Watercycle further and look forward to continuing on-going success in the future.”
Full details of the Press Release can be found here:
Download Press Release (pdf)
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Aer Ventures | Chris Rowley | Paul Dudley
Watercycle Technologies