Stonehouse Water Technologies LLC, an early stage startup developing water purification products for communities has just completed their first funding round totaling $1.55M. The strong financing round exceeded the initial goals set forth by Stonehouse Water Technologies President Hensley Foster.
Stonehouse’s patent pending technology provides a unique and modular energy efficient water purification system for residential, commercial, and agricultural properties, all contained in the space the size of a dehumidifier. The final manufactured product, which will be marketed as the WaterPOD 8™ (Purification On Demand), will be commercially available in early 2018 (photo below).
“In addition to developing effective, efficient and disruptive technology, we’ve also built a strong team and partnerships that will continuously improve our products and take them to market,” said Dr. Moe Mukiibi, chief technology officer for Stonehouse.
Stonehouse’s leaders credit residence in Milwaukee’s Global Water Center and guidance from The Water Council, an economic development organization spearheading the water technology cluster in southeast Wisconsin, as instrumental in creating the positive momentum that triggered the investment. Read the full story here.