UNESCO calls water pollution one of the main challenges facing societies, with 2 million tonnes of sewage entering the world’s water each day. Oxyle wants to help solve the crisis with a new wastewater treatment that removes micropollutants. The Zurich-based startup announced today $3 million in pre-seed funding that it will use to bring its tech to market. The round was led by Wingman Ventures with participation from SOSV, Better Ventures and another.vc.
The new capital brings Oxyle’s total raised so far to $7.4 million since it was founded in 2020. The startup’s customers include companies in the pesticide, chemical, textile pigments, electronics and pharmaceutical sectors that are regulated by strict discharge limits.
Oxyle’s wastewater treatment was developed five years ago by co-founder and CEO Dr. ...
