CHRYSALIX EVC FUND: CELP III
PORTFOLIO MANAGER: WAL VAN LIEROP
LOCATION: VANCOUVER, BC
Complex, expensive, and ineffective wastewater treatment systems.
A low-cost, breakthrough solution for treating toxic organic pollutants in wastewater.
There is currently no cost-effective approach to treating recalcitrant organics in wastewater which create industrial operating bottlenecks due to equipment fouling. If resolved, industrial operators can achieve both operational savings and top-line growth.
Despite having a clear technical path to a low-cost, reliable product, the biggest strength lays within the management team’s ability to partner and navigate the often difficult and fragmented wastewater space.
Water security and re-use is a strategic issue for water-intensive industries. If Axine’s technology is successful, it stands to establish a new standard in wastewater treatment and help industrial customers everywhere improve the economics, efficiency, and effectiveness of their wastewater treatment.