SoLED

Company Overview

Snapshot

Founded in January 2020 by Hadas Mamane and Dana Pousty, SoLED operated with 1–10 employees. The company secured funding across one round, totaling $8K from one investor. SoLED ceased operations in June 2024.

Business overview

SoLED developed an LED-based off-grid water disinfection device specifically designed for infrastructure-limited areas, including developing countries and deserts. This patented technology aimed to provide low-cost disinfection with minimal human intervention for installation and operation. The company operated within the Health Tech & Life Sciences sector, focusing on sustainable water solutions for industrial and residential uses, and targeted government, municipal, and water utility markets.

Strategic signal

In June 2024, SoLED ceased operations. This development indicates a critical shift in the company's trajectory, signaling to investors and innovation teams that the venture is no longer active in the water disinfection market.

Company Intelligence Q&A

What is SoLED's primary focus?

SoLED developed an LED-based off-grid water disinfection device for infrastructure-limited areas, providing low-cost disinfection with minimal human intervention.

When was SoLED founded and by whom?

SoLED was founded in January 2020 by co-founders Hadas Mamane and Dana Pousty.

What was the company's operational status as of June 2024?

As of June 2024, SoLED ceased to operate.

What was SoLED's total disclosed funding?

SoLED raised a total of $8K across one funding round. This funding was a grant received in December 2020 from DeserTech.

What markets did SoLED target with its water disinfection technology?

SoLED targeted geomarkets such as India, focusing on government, municipal, and water utility customers.