Voltea.com, the global leader in capacitive deionisation (CapDI) technology announced the closure of its latest round of financing that will allow the company to accelerate its customer revenues. CapDI removes dissolved solids (salts, hardness and toxins) from water through a electrical process that is now more competitive than incumbent technologies and has leading brand clients in industrial, commercial and residential sectors across 4 continents.
Andre Shortell, Partner of GP Bullhound commented: “We have been delighted to represent Voltea at a point where its technology is becoming recognised as being transformative by its clients and demand is growing across many sectors. As a single technology, CapDI will allow Voltea to achieve scale across diversified customer segments.”
This transaction highlights GP Bullhound’s depth of experience in the water technology sector following deals completed with Bluewater Bio and Newlisi.
Bryan Brister, CEO of Voltea said” GP Bullhound has been instrumental in finding the right investor in ETF for Voltea to take our business to the next level. Their expertise in water technologies and their deal making skills have been a vital element in the transaction’s success.”
Arne Morteani, of the Environmental Technologies Fund, adds: “We have known Voltea almost since its inception. Starting from a piece of impressive technology, the team has done a fantastic job in developing a thriving business. We look forward to helping grow the business and creating value for the team and shareholders.”
As dealmakers in technology, GP Bullhound provides independent strategic advice on mergers and acquisitions and private placements to entrepreneurs, companies and investors. By combining a true passion for innovation with great access to global buyers and capital across Europe, US and Asia, GP Bullhound has completed transactions with many category leaders including Avito, Delivery Hero, Fjord, King.com, Pingdom, Pozitron and Spotify. The firm was founded in London in 1999 and today also has offices in San Francisco, Stockholm, Berlin and Manchester.
Voltea aims to help people and businesses access clean, potable water while reducing environmental impact. Voltea’s CapDI systems provide desalinated brackish water at a lower economic and environmental cost than any other available technology. For more information, please visit www.voltea.com