Deep-Tech Venture Partners and Cocoon Capital led an oversubscribed Series A investment round that brought US$7 million to Singapore-based Aprisium, a developer of cutting-edge pollutant detection and monitoring systems.
Solisa Peppercorn and Woh Hup took part as well. The additional capital will support Aprisium’s growth into important US, European, and Asian markets.
Aprisium is a subsidiary of the Agency for Science, Technology and Research (A*STAR), founded in 2022 by serial entrepreneurs Raghav Narayan and Dr. Lars-Henrik Skjolding.
The startup assists companies in mitigating environmental risks, optimizing treatment, guaranteeing compliance, and increasing profitability and operational efficiency.
For the continuous and accurate identification of pollutants, such as heavy metals, inorganic compounds, and organic chemicals like per-and polyfluoroalkyl substances (PFAS), it provides cutting-edge solutions with on-site, real-time testing.
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Additionally, it has the ability to quickly profile new contaminants in media like tailored fluids and fuels.
In order to improve contamination detection, the company has placed its analysers in Singapore, the Philippines, and Australia.
“With our innovative technology, we are driving a new era of sustainability, enabling our customers to achieve unprecedented levels of efficiency and profitability. Together with our dedicated team, we are not just imagining a better future; we are creating it,” said CEO Narayan.
A growing number of regulations and the need for contamination control are predicted to propel the global market for environmental monitoring, which includes soil, air, and water, to reach US$25 billion by 2025.
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It is anticipated that the market for industrial water treatment alone will surpass US$18 billion by 2027. Because of its cutting-edge technology, Aprisium is positioned to take a sizable market share in these growing industries.
About Aprisium
Aprisium offers cloud-based data management, AI-driven insights, and continuous pollution control (measuring, monitoring, and mitigation). In order to improve human health, safety, and the environment, Aprisium works with companies, governments, and regulators to identify and track their susceptible areas of contamination issues on a continual basis.
