Microbial Solutions Limited, which uses microbes to dispose of industrial waste safely, has completed an investment round led by existing investors Oxford Capital and Midven. The investment will enable Microbial Solutions to build its sales capability and expand its operations into Europe, North America and Asia.
Microbial Solutions’ Microcycle™ technology has been proven in rigorous industrial trials and is being used to treat oily waste fluids at a major manufacturing plant in Wales, creating ‘grey water’ that can be safely disposed of in normal sewer systems.
Ted Mott, Managing Partner, Oxford Capital, said: “Microbial solutions is poised for strong growth as regulatory constraints on the disposal of industrial waste are creating a growing market for its technology. This latest funding round will enable the company to move from the development stage into driving commercial sales. We are very excited about the prospects for the business.”
Jeremy Warren, Chief Executive Officer, Microbial Solutions, said: “After seven years of intensive scientific and industrial development, Professor Will Pope and his team have proven this technology through rigorous industrial trials and given the business a platform for rapid growth. We are now positioned to expand our commercial sales operation and to expand our operations into Europe, North America and Asia.”