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Singapore-based clean technology startup <a href="https://www.ecoworth-tech.com/" target="_blank" rel="noopener">EcoWorth Tech (EWT)</a> has raised S$1 million ($740,070) in a seed funding round from technology commercialization and venture building firm <a style="color: #000080;" href="https://www.dealstreetasia.com/tag/Budding-Innovations/" target="_blank" rel="noopener">Budding Innovations</a> and crowdfunding platform <a style="color: #000080;" href="http://dealstreetasia.com/tag/FundedHere" target="_blank" rel="noopener">FundedHere</a>.</article>

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Singapore-based clean technology startup <a href="https://www.ecoworth-tech.com/" target="_blank" rel="noopener">EcoWorth Tech (EWT)</a> has raised S$1 million ($740,070) in a seed funding round from technology commercialization and venture building firm <a style="color: #000080;" href="https://www.dealstreetasia.com/tag/Budding-Innovations/" target="_blank" rel="noopener">Budding Innovations</a> and crowdfunding platform <a style="color: #000080;" href="http://dealstreetasia.com/tag/FundedHere" target="_blank" rel="noopener">FundedHere</a>.
Of the total funding, Singapore-based FundedHere raised S$300,000 for EWT.
The startup, a specialist in industrial water treatment solutions, will use the investment proceeds to expand its business and trial its products with multinational corporations (MNC).
It is focused on the commercialisation of a wastewater treatment technology called Carbon Fibre Aerogel (CFA) that was developed at Nanyang Technological University. EWT claims that CFA is able to absorb a wide variety of organic material from wastewater and can be manufactured from an array of cellulose-based material such as cotton or waste paper.
Dr Bert Grobben, founder and chairman of EWT, said, “We see a significant opportunity to drive a positive impact on the industrial water and waste treatment industry and, more importantly, society at large. Water shortage is a major global concern due to population growth &amp; industrial usage and our solution addresses these needs and offers waste-to-worth opportunities.”
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Cleantech startup venture EcoWorth Tech has raised S$1 million in a seed funding round to expand its business operations and trial its product.

Singapore: Cleantech startup EcoWorth Tech raises $740k seed round

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Singapore: Cleantech startup EcoWorth Tech raises $740k seed round

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