Applied Cavitation Technologies

Company Overview

Snapshot

Founded in March 2010 by Gregory Joffe and Sergey Esikov, Applied Cavitation Technologies operated with 1–10 employees. The company raised $973,546 across three funding rounds from five investors. In June 2023, the company ceased operations.

Business overview

Applied Cavitation Technologies specializes in developing and testing energy-efficient aeration equipment for wastewater treatment and advanced oxidation methods for drinking water and wastewater purification. Their core technology focuses on sustainable water systems, operating within the industrial technologies and climate tech sectors. The company's aeration equipment is designed to function using renewable energy sources such as solar and wind, serving markets related to water utilities and industrial applications.

Company Intelligence Q&A

What is the current status of Applied Cavitation Technologies?

Applied Cavitation Technologies ceased operations in June 2023.

When was Applied Cavitation Technologies founded?

Applied Cavitation Technologies was founded in March 2010.

Who are the founders of Applied Cavitation Technologies?

The company was founded by Gregory Joffe and Sergey Esikov.

How much capital did Applied Cavitation Technologies raise in total?

Applied Cavitation Technologies raised a total of $973,546 across three funding rounds. The company received grants from the European Commission in August 2018 and the Ministry of Energy in June 2017. Additionally, MoreVC and Office of the Chief Scientist participated in a funding round in January 2018.

Which organizations provided grants to Applied Cavitation Technologies?

In August 2018, the European Commission provided a grant to Applied Cavitation Technologies. In June 2017, the company received a grant from the Ministry of Energy.