July 14, 2024


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Slater’ company gets $6.5M to develop h2o-cleansing technologies

Slater’ company gets .5M to develop h2o-cleansing technologies
Slater’ company gets .5M to develop h2o-cleansing technologies

The water-cleaning know-how produced by a Slater-based mostly firm has attracted the consideration of a team of Iowa buyers, who’ve poured $6.5 million into Gross-Wen Systems.

Gross-Wen’s key attract is a patented system that uses algae to cleanse wastewater.

ISA Ventures and Iowa Farm Bureau’s Rural Vitality Fund led the financial commitment in Gross-Wen, alongside with a half-dozen other enterprise money entities.

Eric Engelmann, a typical husband or wife at ISA Ventures, reported the team is proud to invest in a “groundbreaking corporation and its technological know-how, led by an extraordinary crew, to accelerate Gross-Wen Technologies’ growth in Iowa.”

He claimed elevating major pounds for a firm that is hitting its stride with the right engineering at the right time is “big news for Iowa and for central Iowa’s startup ecosystem.”

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The investors think the timing is correct, in component, due to the fact many municipalities and corporations are on the lookout for considerably less costly, effective methods to meet up with stricter federal and condition water good quality needs.

The city of Slater uses Gross-Wen Technologies' innovation to treat wastewater.

Gross-Wen works by using a system it phone calls revolving algal biofilm to expense-properly fulfill new wastewater discharge permits.

The RAB procedure takes advantage of algae to recuperate nutrients these as nitrogen and phosphorus from wastewater in a more economical way than common solutions. The algae take in carbon dioxide and create oxygen, equally of which are healthy processes to struggle local weather transform.

The harvested algae are then turned into pellets that are prosperous in nitrogen and phosphorus and can be applied as fertilizer or bioplastics.