Generating atomic number 1 - peroxide autonomously and on - site , using only water supply and electricity as remark . That ’s what ’s potential using the technology of HPNow . This week the Danish society announced the closing of a € 5 M funding round . The unit of ammunition was go by sustainability - focused , globally - mandated AP Ventures , together with the VC arm of Evonik Industries , a global drawing card in bulk hydrogen hydrogen peroxide .
H peroxide is one of the world ’s most widely used chemicals , with applications ranging from agriculture , municipal and industrial water and effluent treatment , to health care and electronics . " But today ’s supply chain is nursery - gas and toxic - waste matter intensive , and involve the transport and handling of hazardous high - concentrate hydrogen peroxide from centralized plant to millions of end users , " says Ziv Gottesfeld , HPNow ’s chief operating officer .
Reduced supply - chain dependence“The push towards a more sustainable , safer and carbon - neutral hereafter , as well as towards reduced supply - strand dependence as a solution of COVID19 , is driving strong demand for our autonomous and sporty hydrogen peroxide generation products , ” says Ziv Gottesfeld , HPNow ’s chief operating officer . “ Our product have already been commercially proven in the farming segment . The fresh backing and ongoing support from top - tier global investors will enable us to scale - up and elaborate our oblation towards new and exciting market section , with chemical substance - comment - gratis industrial and municipal water treatment next in line . ”
“ I am beguiled to announce our investment into HPNow . The company ’s autonomous , good , low wallop atomic number 1 peroxide output technology is an exciting exemplar of the come forth ‘ Power to X ’ saving , which will be a critical lever in the ball-shaped efforts towards decarbonization . I am impressed with the experience and enthusiasm of the HPNow management squad and I see forrad to link the board and sharing AP Ventures ’ expertise , experience and web to create further economic value for the troupe , ” says Kevin Eggers , Partner , AP Ventures .
" This patented technology offers the possibleness of a need - oriented and cost - efficient supply of hydrogen hydrogen peroxide immediately to the customer , " said Michael Traexler , head of the Active Oxygens business line of products at Evonik . " This investment supports our strategy of offering our customers customized system answer . In summation , the engineering make it potential to utilize H2O2 in areas where less environmentally friendly techniques have been used in the past . "
For more information : HPNowOle Maaløes Vej 3 , 2200København , Denmark[email protected]www.hpnow.eu
