Use water twice! 💦🌍💧
AMAVI is proud to announce its 8th fund investment: looking at the daily newspaper headlines on drought and waterscarcity, Hydraloop offers an urgently needed solution for a water sustainable world! The company has developed a decentralized ‘grey water’ recycling system. This easy-to-use home appliance treats shower and bath water to be re-used in toilets, washing machines and for garden irrigation. The solution allows a reduction of up to 45% of scarce drinking water, without compromising on any comfort!
It’s patented technology was elected “Best of the Best”, “Best Startup”, “Best of Innovation” and “Best Sustainable Product” at the CES 2020 trade fair in Las Vegas and is currently being sold globally through a network of 140 sales, distribution and service partners.
AMAVI Capital has led the 4,5m EUR investment round, with co-investments from The Future of Water Fund and crowdfunding through the Crowdcube platform.