
Medad Technologies
closedProvides silica-based adsorption desalination system driven by a low-temperature heat source.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
$3.5m | Seed | ||
Total Funding | 000k |
Medad Tech specializes in sustainable desalination technology, leveraging low-grade heat sources to provide cost-effective distillation and achieve zero liquid discharge. The company primarily serves industrial clients and municipalities in regions with high water scarcity, such as the Middle East and Southeast Asia. Medad Tech operates in the water treatment and desalination market, focusing on advanced distillation (AD) technology. The business model involves licensing its proprietary technology, developed in collaboration with the National University of Singapore and King Abdullah University of Science and Technology, and executing large-scale desalination projects. Revenue is generated through technology licensing fees, project commissions, and long-term service agreements. Medad Tech's innovative approach has been recognized with multiple awards, including the Aramco GE Global Innovation Challenge and the BlueTech Research BlueTruffle Award. The company's recent projects include the Yanbu Desalination Plant in Saudi Arabia, which treats MED reject brine using low-grade waste heat.
Keywords: desalination, low-grade heat, zero liquid discharge, advanced distillation, water scarcity, industrial clients, municipalities, technology licensing, project commissions, service agreements.