TreaTech, a Lonay, Switzerland-based engineering company, raised CHF9M in Series A funding.
The round was led by Engie New Venture and Montrose Environmental Group with the support of the EIC Fund, Sipchem Europe, CMA CGM Fund for Energies, and Holdigaz. Funds raised since TreaTech’s inception now total CHF 15M, including initial seeding from PMEP, Swiss Federal Office of Energy, Swiss Federal Office of Environment, Fondation pour le Climat, Gebert Rüf Stiftung, Bridge SNF, and Innosuisse among others.
The company intends to use the funds to further develop its technology, extend its product offering to more clients, and raise awareness of the importance of circular waste treatment.
Led by CEO Frédéric Juillard, TreaTech is an engineering company advancing technology that treats multiple waste streams in a sustainable and cost-efficient manner. The patented technology uses hydrothermal gasification (HTG) to convert waste streams that are usually incinerated into integral products, such as fresh water for industrial and consumer use, minerals including phosphorous, nitrogen and potassium used for fertiliser, and a constant supply of methane-rich renewable gas that can be used as an onsite energy solution or injected into the grid network.
FinSMEs
23/06/2023