Island Water Technologies develops off-grid water- and wastewater-treatment systems and a bio-electrode sensor for real-time biological monitoring. The company currently sells two products: Regen, a solar-powered system sized for remote facilities of about 75–250 people, and ClearPod, an efficient septic system for individual households. Regen has three installations to date, and ClearPod is selling in Canada as well as China, Honduras and Kenya, though volumes are below the founders’ targets. IWT has spent about 4.5 years developing its Sentry bio-electrode sensor, which resides in treatment systems and streams biology data to computers and mobile devices. The recent financing will be used to commercialize Sentry and to validate technical milestones over the next 12 months. IWT was accepted into the San Francisco-based Imagine H2O accelerator and plans to use the program to deepen corporate relationships and work toward a Series A. Island Water Technologies develops renewably powered wastewater treatment solutions for remote populations. Its core product is REGEN, a mobile solar-powered, modular wastewater treatment system with low energy requirements that can be completely powered by renewable energy. The company plans to commercialize REGEN using the $250k venture capital investment from Innovacorp. REGEN systems can be remotely monitored in real time for maintenance and compliance and are targeted at military bases, disaster relief operations, mining camps and off-grid communities. IWT has also developed ClearPod, a drop-in device to speed up bio-treatment of septic tanks, and Sentry, a microbe-based sensor that reports biological-process status to the cloud. R&D is conducted in partnership with Dalhousie University, and the company graduated from Ecofuel, an accelerator run by Cycle Capital. The company is led by co-founder and CEO Patrick Kiely.

Total raised

$1M

Funding rounds

2

Latest round

Convertible Note

Latest activity

Oct 2024