HPNow News
10 articles
growth-positive
Controlling waterborne pathogens in greenhouses
HPNow, a company specializing in innovative solutions for the greenhouse industry, is hosting a free webinar on July 25th. The webinar will focus on strategies for controlling waterborne pathogens in greenhouse environments using Onsite Green Oxidation technology. This technology helps eliminate harmful bacteria and fungi from irrigation water, thereby improving crop health, yield, and quality. The session aims to provide growers with practical tips for integrating this technology into their operations, ultimately leading to increased profitability. The webinar is open to all interested in enhancing their greenhouse productivity, offering valuable insights and actionable strategies.
Growth-Positive
HPNow closes €14M round
HPNow, a Danish company specializing in sustainable water treatment technology, has successfully raised €14M in an equity round led by The Export and Investment Fund of Denmark (EIFO) and Novo Holdings. Other investors include MatiTech, Evonik Venture Capital, and AP Ventures. The funds will be used to scale up HPNow’s marketing, sales, technical support, and production capacity to meet growing market demand. The technology, originally developed at the Technical University of Denmark, represents a multi-billion euro market opportunity for safe, sustainable, and affordable water treatment.
InvestmentExpand
growth-positive
HPNow closes €5M Equity round led by AP Ventures with Evonik Venture Capital - HpNow
HPNow, a leader in clean hydrogen-peroxide generation technology, has closed a €5M financing round led by AP Ventures and Evonik Industries. The companys technology enables on-site, autonomous production of hydrogen peroxide, eliminating the need for a greenhouse-gas and toxic-waste intensive supply chain. The funding will support the companys market expansion into new segments, such as industrial and municipal water treatment. HPNows products have already been proven in the agriculture sector. The investment from AP Ventures and Evonik Industries will help HPNow scale up its offerings and contribute to the global efforts towards decarbonization.
Investment
growth-positive
Autonomous peroxide generation system promises crop boost
HPNow has introduced an irrigation water treatment solution called HPGen A-Series, which provides autonomous peroxide generation for improved crop protection, increased yields, and reduced irrigation system maintenance. The system generates Peroxide UltraPure directly on site using only water and electricity, eliminating the need for user intervention or handling of chemicals. HPGen integrates seamlessly with standard irrigation systems and controls, keeping emitters clean and preventing the buildup of biofilms. It also improves oxygenation levels and boosts organic matter in the soil. The product line has been tested and proven in commercial greenhouse installations across various horticulture crops. HPNow is a company that specializes in water treatment solutions.
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growth-positive
HPNow Awarded €1.8M Funding under the European Innovation Counsel Accelerator Pilot program
HPNow has been awarded €1.8M in grant funding under the European Innovation Counsel Acceleration Pilot program. The funding will be used to leverage HPNows autonomous hydrogen peroxide generation technology solution to increase water safety and fight against COVID-19. HPNows breakthrough technology allows for the safe and efficient generation of ultra-high-purity peroxide directly where and when it is needed, bypassing chemical supply chains. The companys solutions also aim to improve the EUs water safety and security by enabling the chemical-input-free generation of a potent water treatment agent. The funding will have a positive impact on HPNows growth. HPNow is backed by the VC arm of Evonik Industries.
Investment
growth-positive
Breakthrough in electrochemical production of hydrogen peroxide
Evonik has invested in startup HPNow ApS and now holds a minority stake in the company. The investment amount was not disclosed. Evonik, a major producer of hydrogen peroxide, sees potential in HPNows technology for on-site hydrogen peroxide production. The investment supports Evoniks strategy of providing tailored system solutions to customers. HPNow plans to use the capital to scale up and commercialize its technology. Evonik plans to invest a total of €100 million in promising start-ups with innovative technologies.
Investment
growth-positive
Evonik Venture Capital invests in HPNow - HpNow
Evonik, a global specialty chemicals firm, has made a minority equity investment in HPNow to scale up and commercialize its on-site hydrogen peroxide generation solutions. The investment will help overcome the barriers of todays centralized hydrogen peroxide supply chain. Evoniks investment provides strong endorsement to HPNows technology and market approach, and brings a strategic investor with experience in developing hydrogen peroxide markets.
Investment
growth-positive
HPNow Selected for €1.25M Phase 2 Funding by the EC's Prestigious SME Instrument
HPNow ApS has been selected for phase 2 funding by the ECs Horizon 2020 SME Instrument. The funding will be used to bring HPNows water treatment solution to market. The solution is based on the companys technology breakthroughs in on-site generation of hydrogen peroxide. The compact and autonomous hydrogen peroxide generation device (HPGen) enables safe, cost-effective, and sustainable on-site generation of hydrogen peroxide. The EC grant will be utilized towards productization and market introduction in the irrigation water treatment sector. HPGen aims to decrease irrigation line maintenance costs, reduce the use of toxic chemicals, improve farm safety and plant health, increase crop yields, and enhance agriculture sustainability. HPGen will also be introduced in other water treatment applications.
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growth-positive
HPNow news
The article discusses how HPGen supports safety, simplicity, and cleaner irrigation at Jade Garden, an important cucumber supplier in New Zealand. HPGens technology promotes a safe environment for cucumber production in glasshouses. The article highlights the companys positive impact on growth and its focus on providing a safe irrigation solution.
Customers
growth-positive
HPNow Receives Agro Business Park Food and Agriculture Innovation Award
HPNow has received the Agro Business Park award at Agromek 2016, Northern Europes largest agriculture fair. The award was given in recognition of HPNows HPGen - On Site On-demand Hydrogen Peroxide generator, which allows farmers and livestock growers to produce a biocide and disinfectant on demand using only water, air, and electricity. The generator reduces the need for toxic chemicals, leading to cost savings, increased yields, and improved safety and health. The award includes a cash prize and support from the Agro Business Park network.
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