With an increasing need for high quality drinking water using affordable solutions in both industrialised nations and the developing world together with increasing regulatory and cost pressures, G2O has identified a major opportunity to provide high separation efficiency solutions to real world problems for a range of contaminants.
The total global market for managing produced water was worth $146.81 Billion in 2016. Within this the sub-market segment of industrial and waste water treatment is estimated to be worth $26.77 Billion with a growth rate of 5.8% per year.
The company’s graphene-based coatings technology provides highly efficient and cost-effective solutions to a broad range of filtration applications and critically can be used in conjunction with existing filtration membranes and systems.
The funding will enable the business to carry out the next stage of its technical development and forge more collaborative partnerships with industrial partners from its Manchester headquarters.
Could NPIF Maven Equity Finance help fund your growth journey?
If you’re running a business that’s looking to grow, we’d love to hear from you. Feel free to give us a call to find out more about our flexible funding solutions:
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