Aquafortus is an Auckland, New Zealand–based water technology company led by CEO Daryl Briggs. It develops and commercializes novel, proprietary minimal-energy resource recovery technologies for dissolved solids (TDS) waste and process streams. The company employs a non-thermal, zero-liquid-discharge recovery and crystallization approach that uses 90% less energy, costs 60% less, and converts 98% of high-salinity brine into fresh water while extracting lithium, copper, magnesium salts, and other metals and minerals. Aquafortus targets industries that produce significant volumes of hypersaline water, including mining, oil and gas production, chemical manufacturing, and power generation. The company raised $17M in Series A1 funding to support commercialization efforts. Proceeds will fund construction and deployment of a relocatable demonstration unit and a commercial pilot across major U.S. oil and gas basins and operators, and will be invested in core R&D.

Total raised

$17M

Funding rounds

1

Latest round

Series A

Latest activity

Feb 2023