WASE
WASE is a technology company.
Financial History
WASE has raised $8.9M across 2 funding rounds.
Frequently Asked Questions
How much funding has WASE raised?
WASE has raised $8.9M in total across 2 funding rounds.
WASE is a technology company.
WASE has raised $8.9M across 2 funding rounds.
WASE has raised $8.9M in total across 2 funding rounds.
WASE has raised $8.9M in total across 2 funding rounds.
WASE's investors include Elbow Beach Capital.
WASE is a UK-based cleantech startup founded in 2017 that develops modular, AI-powered electro-methanogenic reactor (EMR) systems to transform wastewater, food waste, and agricultural waste into renewable biogas energy, clean water, and recoverable resources, supporting a circular economy.[1][2][3][5] The company serves industries like food and beverage (e.g., breweries such as Hepworth, Hobsons, and Forest Road), agriculture (e.g., cattle farms), and sanitation, solving high-cost, inefficient waste treatment by accelerating processing up to 10 times faster than traditional anaerobic digestion (AD), boosting methane yields by 30%, reducing system size by 50-70%, and enabling on-site energy generation that cuts bills and creates revenue streams.[1][2][3][4][6] With over $10 million raised in 2023 from investors including Extantia Capital, Hitachi Ventures, and ENGIE New Ventures, WASE shows strong growth momentum through signed contracts, pilot deployments (e.g., miniWASE for COOK and breweries), lab services for waste analysis, and expansion from initial sanitation focus to industrial and agri applications.[2][4][5][6]
WASE was founded in 2017 in Bristol, UK, by Thomas Fudge (CEO, waste-to-energy PhD holder with startup experience), Llyr Williams (agriculture background, civil engineer experienced in bioenergy facilities), and William Gambier, sparked by Fudge's passion for sustainable water and energy solutions just two months into his PhD.[4][5] Initially targeting sanitation for refugee camps in partnership with the UN World Food Programme, the COVID-19 pandemic shifted focus to food/beverage and agriculture sectors where wastewater treatment challenges were acute.[4][6] Early traction came from pivoting to scalable, deployable systems like saniWase for decentralized sanitation, industriWase for manufacturers, and agriWase for farms, with operational pilots in the UK and Kenya, including breweries turning fermentation waste into biogas.[3][4][6] This evolution humanizes WASE's journey: from academic innovation to real-world deployments driven by core values of trust, innovation, action, reflection, and planetary protection.[5]
WASE rides the biogas and biomethane boom as renewables grow to meet net-zero goals, with market forces like rising energy prices, stricter wastewater regulations, and circular economy mandates favoring waste-to-energy over disposal.[2][4] Timing is ideal post-pandemic, as industries seek on-site, decentralized solutions amid supply chain disruptions and ESG pressures—WASE's tech reshapes AD plants, boosting yields and profitability while cutting emissions.[2][6] It influences the ecosystem by partnering with breweries/food producers to turn high-fat, antibiotic-laden waste (hard for traditional AD) into energy, expanding biomethane's role in the energy mix, and enabling scalability from UK/Kenya to Europe via software-enhanced monitoring.[2][4][6]
WASE is poised to dominate biogas upgrading with its superior EMR tech, using recent funding to execute pipeline projects, refine product lines (e.g., advanced monitoring software), and expand industriWase/agriWase globally.[2][6] Trends like AI-optimized renewables, biomethane policy incentives, and industrial decarbonization will propel growth, potentially evolving WASE from startup to market leader as waste volumes rise with population and production. Tying back to its origins, this positions WASE to fully unlock waste's power, turning planetary challenges into scalable, profitable sustainability.
WASE has raised $8.9M across 2 funding rounds. Most recently, it raised $8.0M Venture Round in March 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2024 | $8.0M Venture Round | Elbow Beach Capital | |
| Mar 1, 2022 | $920K Seed | Elbow Beach Capital |