Company Overview
Snapshot
Founded in September 2000 by Ronen Shechter and Eytan Levy, Aqwise operated with 51–200 employees. The company raised a total of $15M across five funding rounds from four investors. In August 2021, Aqwise was acquired by BlueGen, marking a significant exit for the company.
Business overview
Aqwise specializes in developing and implementing biological water and wastewater treatment solutions for both industrial and municipal markets. The company's core technology, the proprietary Attached Growth Airlift Reactor (AGAR), integrates fixed-film and suspended-growth technologies to enhance biochemical oxygen demand and nutrient removal capacity. This technology allows for increased utilization of existing reactors and improved efficiency in new installations. Aqwise serves various sectors including pulp & paper, soft drinks, pharmaceuticals, and municipalities, offering solutions like AGAR MBBR, AGAR IFAS, DACS, and DACS DANA, and also provides biological groundwater treatment for nitrate removal.
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 signals a consolidation within the water treatment industry, indicating a drive towards integrated solutions and expanded market reach for the combined entity.
Company Intelligence Q&A
- What is Aqwise's primary focus?
- Aqwise focuses on developing and implementing biological water and wastewater treatment solutions for industrial and municipal applications.
- When was Aqwise acquired?
- Aqwise was acquired by BlueGen in August 2021, leading to its inactive status.
- What is Aqwise's core technology?
- Aqwise's core technology is the proprietary Attached Growth Airlift Reactor (AGAR), which combines fixed-film and suspended-growth technologies for efficient water treatment.
- Which investors participated in Aqwise's March 2008 funding round?
- In March 2008, Aqwise received funding from Elron Ventures and MoreVC. AHMSA Steel Israel also participated in this round.
- What was a key strategic partnership for Aqwise in March 2009?
- In March 2009, Aqwise secured a grant from the European Union Eureka R&D program to develop a wastewater treatment system.