HTGF exits Terrawater

The investor has reaped a double digit return on the investment.

Taprogge Esaco is looking forward to integrating Terrawater's services and provide access to international desalinisation markets.

The firm made its initial investment in Terrawater in 2009 and has been working closely with the company since then.

Company
Terrawater is based in Kiel and was founded in 2007. The business specialises in water technologies for the production of process and drinking water from brackish, sea and waste water. Terrawater has developed a technology for modular seawater desalinisation using waste heat.

People
Klaus Lehmann is senior investment manager at High-Tech Gründerfonds.

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