Established in 2007, Applied CleanTech Inc., San Diego, Calif., USA, has developed and established a "game changing technology" that fully recycles cellulose from raw wastewater. The company claims it is creating a new opportunity for the U.S. to generate more than $2.1 billion ($7 per person per year).

 

"We are not just creating ways to efficiently manage and handle waste but also creating a new revenue opportunity for any municipality in the world," said Dr. Refael Aharon, CEO and founder of Applied CleanTech. "We are leveraging EquityNet for this round because we believe in the strength of the public force in this industry. Using our SRS technology is a clean, efficient way to create an endless cycle of revenue and efficiency in waste management and to recycle our resources in a way that drives sustainability."

 

Wastewater treatment is a multi-billion dollar global market. Applied CleanTech is the first company to turn wastewater solids into a valuable revenue-generating resource through its unique patented Sewage Recycling System (SRS), recycling and mining cellulose from wastewater, turning it into Recyllose™ (recycled cellulose) – a highly valuable commodity with numerous applications for various industries as well as reducing GHG emissions and creating new bio circular economy.