HazGuard
closedPFAS destruction technology for contaminated water and soil
Deal Size
$26M
Stage
Series A
Sector
Hazardous Waste Remediation
Location
Research Triangle Park, NC
Deal Overview
HazGuard has developed an electrochemical oxidation process that destroys PFAS (per- and polyfluoroalkyl substances)—so-called 'forever chemicals'—in contaminated groundwater and soil at costs 60% below incumbent incineration methods. With the EPA's new PFAS MCL standards requiring remediation at thousands of sites nationwide, HazGuard addresses a regulatory-driven market estimated at $30B+ over the next decade. Their mobile treatment units can be deployed on-site, avoiding costly transport of contaminated materials.
Key Highlights
- ✓Destroys 99.9% of PFAS compounds in single pass
- ✓60% lower cost than incineration-based methods
- ✓Mobile units deployable to contaminated sites
- ✓EPA MCL standards driving $30B+ remediation market
Founders
- Dr. Catherine Park
- Michael DiStefano
Investors
- WasteVC
- Congruent Ventures
- EPIQ Capital Group
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