Aqwise

Company Overview

Snapshot

Founded in September 2000 by Ronen Shechter and Eytan Levy, Aqwise operates with 51–200 employees. The company raised a total of $15 million across 5 funding rounds from 4 investors. In August 2021, Aqwise was acquired by BlueGen, marking a significant exit for the company.

Business overview

Aqwise develops and implements advanced biological water and wastewater treatment solutions for industrial and municipal markets. The company's core technology, the Attached Growth Airlift Reactor (AGAR), integrates fixed-film and suspended-growth technologies to enhance biochemical oxygen demand and nutrient removal capacity. This technology is applied in various aerobic and anaerobic process configurations, including AGAR MBBR, AGAR IFAS, DACS, and DACS DANA, serving industries such as pulp & paper, soft drinks, pharmaceuticals, and municipal water management.

Strategic signal

In August 2021, Aqwise was acquired by BlueGen, a strategic move aimed at forming a leading global water and wastewater treatment technology group. This acquisition signifies a consolidation within the water treatment sector, allowing the combined entity to expand its service portfolio and strengthen its position in the industrial and municipal wastewater treatment market, particularly in Israel.

Company Intelligence Q&A

What was a significant recent corporate milestone for Aqwise?

In August 2021, Aqwise was acquired by BlueGen. This acquisition was part of BlueGen's strategy to expand its services in the water and wastewater sectors and form a leading global technology group.

What is Aqwise's primary technology?

Aqwise's primary technology is the proprietary Attached Growth Airlift Reactor (AGAR) system. This technology integrates fixed-film and suspended-growth processes for efficient biochemical oxygen demand and nutrient removal in water and wastewater treatment.

What was Aqwise's total capital raised before its acquisition?

Aqwise raised a total of $15 million across five funding rounds, including a grant from the European Union Eureka R&D program in March 2009.

Which investors participated in Aqwise's funding rounds?

Aqwise received investments from firms including MoreVC and Triveni Engineering & Industries.

What markets does Aqwise serve?

Aqwise serves industrial and municipal markets, providing water and wastewater treatment solutions to sectors such as pulp & paper, soft drinks, pharmaceuticals, and municipal water utilities globally, including in the Netherlands, South America, Italy, Spain, India, the United Kingdom, and Central America.