TreaTech secures CHF 9 million in series A funding to revolutionize waste treatment and renewable gas production
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TreaTech, a Swiss-based company specializing in hydrothermal gasification technology, has announced the successful closing of its series A financing, raising CHF 9 million. The funding round was led by Engie New Venture and Montrose Environmental Group, alongside notable support from the EIC Fund, Sipchem Europe, CMA CGM Fund for Energies, and Holdigaz. With total funds raised now reaching CHF 15 million, TreaTech aims to advance its innovative circular economy solution, converting waste streams into valuable resources while providing a continuous supply of renewable gas.
TreaTech was founded in 2015 by life sciences and chemical engineers at the Swiss Federal Institute of Technology in Lausanne. Together, the co-founders share the desire to harness the power of the circular economy and have created an innovative product that can convert various waste streams into valuable resources in a sustainable and cost-efficient manner.TreaTech’s 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 crucially a constant supply of methane-rich renewable gas that can be used as an onsite energy solution or injected into the grid network.
Frédéric Juillard, CEO of TreaTech, said: “We believe our innovative technology unlocks the future of waste treatment processes. By embedding modular and circular solutions into existing waste treatment processes, we are able to extract the maximum value of waste outputs. We have already validated our technology against multiple sectors and proved that our product can transform waste streams into high-value resources. We are pleased that industrial public-listed multinationals share our vision and ambitions for the future. We are grateful for their investment which allows us to develop our technology further, extend our product offering to more clients, and raise awareness of the importance of circular waste treatment solutions.”
"The Venture Leaders Roadshow is an excellent opportunity to improve your entrepreneurial skills and network. A highly recommendable and enriching experience," said Raquel Zambrano, COO and Co-founder of TreaTech.EPFL spin-off TreaTech participated in Venture Leaders Cleantech 2022 and won Venture Kick Stage 2 in 2016.
TreaTech team
