HPNow

Company Overview

Snapshot

Founded in November 2015 by Ziv Gottesfeld, Rasmus Frydendal, and Arnau Verdaguer, HPNow operates with 11–50 employees. The company has raised $28.53 million across seven funding rounds. In September 2023, HPNow secured an equity round from investors including The Export.

Business overview

HPNow specializes in green oxidation solutions, providing innovative hydrogen peroxide generators. Their technology offers a sustainable and chemical-free alternative to traditional water treatment methods. The company addresses water treatment needs across various market segments, including agriculture, aquaculture, industrial, and drinking water treatment, operating within the Agriculture & Food Technologies sector.

Strategic signal

In July 2024, HPNow hosted a webinar focusing on controlling waterborne pathogens in greenhouses using their Onsite Green Oxidation technology. This event highlights the company's continued efforts to educate and expand the adoption of its sustainable water treatment solutions within the agricultural industry, signaling ongoing market penetration and product relevance.

Company Intelligence Q&A

What was a significant recent funding event for HPNow?

In September 2023, HPNow closed an equity round with participation from The Export. This funding is intended to scale up HPNow’s marketing, sales, technical support, and production capacity.

What technology did HPNow introduce in September 2020?

In September 2020, HPNow introduced the HPGen A-Series, an irrigation water treatment solution that provides autonomous peroxide generation. This system aims to improve crop protection, increase yields, and reduce irrigation system maintenance by generating Peroxide UltraPure on-site.

What grant funding did HPNow receive in June 2020?

In June 2020, HPNow was awarded €1.8 million in grant funding under the European Innovation Counsel Acceleration Pilot program. This funding was allocated to leverage HPNow's autonomous hydrogen peroxide generation technology to enhance water safety and combat COVID-19.

When did Evonik Venture Capital first invest in HPNow?

In December 2017, Evonik Venture Capital made a minority equity investment in HPNow to support the scaling and commercialization of its on-site hydrogen peroxide generation solutions.

What award did HPNow receive in November 2016?

In November 2016, HPNow received the Agro Business Park award at Agromek 2016 for its HPGen - On Site On-demand Hydrogen Peroxide generator, recognized for its ability to produce biocide and disinfectant on demand using only water, air, and electricity.