Sgvoice: Startup profile OceanWell
OceanWell was founded in California in August 2019 by Robert Bergstrom, Charlie McGarraugh and Michael Porter, Ph.D. The company has so far received $4 million from US and European angel investors, and has signed a memorandum of understanding with Las Virgenes Municipal Water District. The utility will help OceanWell’s R&D efforts, making progress toward a clear line of sight to the commercialisation of the technology of a water farm producing at least 40,000 cubic metres per day. What problem are you solving?Desalination is a heavy industrial process that removes seawater and small organisms from the oceans for processing on land, filters out and disposes of those organisms and other impurities in landfills, either evaporates or pressurises the filtered seawater, squeezes out as much fresh water as technically possible, and then disposes of a doubly-salty brine back into the sea where it can be toxic.