Technology to be used to address water scarcity
April 26, 2022 By Turf & Rec
Husqvarna Group has invested US $7.5 million into Moleaer, a nanobubble technology company that designs and manufacturers industrial scale nanobubble systems for the improvement of chemical-free water treatment, sustainable food production and the recovery of natural resources.
Moleaer is the seventh investment for Husqvarna Group’s venture capital fund. By investing in the company, Husqvarna Group will be able to explore nanobubble technology’s potential in addressing water scarcity.
“This investment enables Husqvarna to discover new opportunities resulting from a technology addressing key sustainability challenges within relevant adjacencies, such as agriculture and horticulture,” says Mark Johnson, who heads up Husqvarna’s Corporate Ventures.
Henric Andersson, president and CEO of Husqvarna Group, said Moleaer is a good fit for Husqvarna.
“To always remain at the forefront, we are selectively investing in disruptive technologies and products that can further strengthen the Husqvarna Group,” he said.
Nick Dyner, CEO of Moleaer, said Husqvarna shares the same passion for innovation and sustainability, adding the two companies look forward to working together to address the need for products to help industries adapt to new climate realities and protect vital resources.
“This investment allows us to expand our presence further in Europe and accelerate the development of more products and innovations that help industries protect the environment and utilize water more efficiently,” he said.
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