Organica Water

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The project involves a proposed equity investment by IFC of up to $4 million early stage investment in a $10 million equity round for Organica to expand in India, China, Indonesia, Turkey, Russia, and the Ukraine. The Company seeks new financing for recruiting sales and marketing resources, establishing new distribution partners, funding new product development, and for some general corporate purposes. Organica sells a package of products and services for wastewater treatment facilities, up to and including the management of turnkey projects to establish or rehabilitate such facilities. Organica’s technology enhances the natural processes of complex ecosystems by creating more diverse biology than would normally exist. Its wastewater treatment reactors are arranged in a cascade fashion, with pretreatment steps in the beginning and final polishing at the end, depending on influent characteristics and effluent use. The sub-ecosystems provide for enhanced removal efficiency while utilizing less energy and producing less sludge. Organica operates a laboratory, technology center, and offices in leased facilities in Hungary. It has offices in New Delhi and Singapore, and plans to open ones in China, Turkey, Russia, and the Ukraine. Offices will generally be located in leased spaces.