Earth Capital leads £3m round for Propelair
Earth Capital has led a ТЃ3m round for toilet system developer Propelair.
The firm has drawn capital from the Nobel Sustainability Fund, which is managed by Earth Capital.
In addition, around £500,000 of the capital was raised from 866 new investors in Seedrs' network.
The investment will go towards expanding into additional water-stressed markets across the Middle East, Australia, Hong Kong and Singapore, as well as launching new product innovations.
Company
Propelair develops and manufactures low-water flush toilet systems. The Basildon-based company was founded in 2001.
People
Earth Capital – Avent Bezuidenhoudt (investment director).
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