WASE secured a £6.2 million investment led by Extantia Capital to scale its innovative decentralized wastewater treatment and biogas production solutions.

Information on the Target

WASE is pioneering a new era in sustainable, decentralized wastewater treatment and biogas production. Recently, WASE completed a significant fundraising round of £6.2 million, spearheaded by Extantia Capital and joined by notable investors including Hitachi Ventures, Engie New Ventures, and WEPA Ventures. The raised funds will be utilized to scale WASE's operations, execute substantial contracts within its qualified pipeline, and expand its product offerings. This investment underlines WASE's commitment to transforming wastewater into valuable resources.

Industry Overview in the UK

Water resource management and wastewater treatment are critical issues for the UK, where approximately 80% of wastewater is discharged untreated into the environment daily. This alarming statistic translates to the equivalent volume of two million swimming pools. However, this environmental crisis presents a dual opportunity—wastewater can be repurposed not only for reusable water but also as a source of energy and essential nutrients. Research indicates that wastewater harbors tenfold more energy than is consumed during its treatment.

Additionally, the demand for sustainable energy solutions has intensified as concerns over energy security and climate change grow. The UK government and regulatory bodies are advocating for a signif