Emefcy

Energy-efficient Wastewater Treatment

Agriculture & Food Technologies
Non Active, Jul 2017

Company Overview

Snapshot

Founded in November 2007 by Eytan Levy and Ronen Shechter, Emefcy operated with 11–50 employees. The company raised a total of $13.29 million across 7 funding rounds from 4 investors. A significant milestone was its delisting from the ASX in July 2017 due to a merger.

Business overview

Emefcy is a wastewater treatment company focused on developing and commercializing energy-efficient and cost-effective solutions for wastewater treatment and reuse. The company's core technologies include the Membrane Aerated Biofilm Reactor (MABR) and the Electrogenic Bio Reactor (EBR). MABR is a modular, decentralized wastewater treatment process designed for municipal and industrial applications, requiring significantly less energy than conventional methods. EBR treats industrial wastewater while generating electricity. Emefcy serves markets requiring advanced water treatment and reuse, operating within the Agriculture & Food Technologies sector, with a focus on industrial and municipal water treatment.

Strategic signal

In July 2017, Emefcy merged with RWL Water to form Fluence Corporation, leading to its delisting from the ASX. This strategic move signaled a significant consolidation in the water solutions industry, creating a new global entity with expanded capabilities and market reach. For investors, this indicated a shift from an independent startup to a larger, integrated player, potentially offering enhanced stability and growth prospects through combined resources and technologies.

Company Intelligence Q&A

What was a significant corporate event for Emefcy in July 2017?
In July 2017, Emefcy merged with RWL Water, leading to its delisting from the ASX. The combined entity operates as Fluence Corporation.
When did Emefcy begin trading on the Sydney Stock Exchange?
Emefcy began trading on the Sydney Stock Exchange in December 2015 following a reverse merger with Savcor.
Which investors participated in Emefcy's June 2011 funding round?
In June 2011, Emefcy received funding from investors including Pond Venture Partners and MoreVC.
What award did Emefcy win in March 2015?
In March 2015, Emefcy won the Technology Development Award at CleanEquity® Monaco.
What was the nature of Emefcy's contract in Ethiopia in February 2017?
In February 2017, Emefcy signed a wastewater treatment contract in Ethiopia.

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