LAT Water is tackling the escalating global water crisis with an innovative technology for purifying industrial wastewater using low-grade waste heat. We sat down with Commercial Director, Richard Teideman to discuss the company’s unique approach, the reasons behind investor interest, and their strategic fundraising via the Angel Investment Network to facilitate rapid scaling. He also gives his invaluable insights on securing funding in the current climate.
Tell us about LAT Water and how you became involved with the business?
I met the founders of LAT Water in 2015 – the technology was captivating, and in terms of sustainability – ahead of its time. The issue of wastewater purification was in its infancy, and as time has gone on, it is become an issue globally. They say “water is the next crisis and the “new oil”. There has never been a more important time to preserve our water across the planet.