Announced
Completed
Financials
Tags
Denmark
water treatment
Water
Acquisition
Venture Capital
Private Equity
Minority
Completed
Friendly
Single Bidder
Cross Border
Private
Synopsis
Novo Holdings, a holding and investment company, Export and Investment Fund of Denmark (EIFO), a national promotional bank and export credit agency, MatiTech, a technology company challenging water treatment norms, Evonik Venture Capital and AP Ventures, both venture capital companies, led a €14m investment round in HPNow, a Danish pioneer in sustainable water treatment solutions. “Danish Power-to-X pioneers like HPNow are leading the way to a more sustainable future. From agriculture to industry, their technology, originally developed at the Technical University of Denmark, represents a multi-billion Euro market opportunity for safe, sustainable and affordable water treatment,” Jonas Bjaaland, EIFO Investment Director.
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