Aestuarium: a new investment by Capricorn Industrial Biotech Fund

We are excited to announce the investment of Capricorn Industrial Biotech Fund in Aestuarium. The investment is made in partnership with LIOF's Startup Capital Fund.

Aestuarium harnesses the power of biotechnology to make water scarcity a problem of the past. Its unique technology platform makes desalination cheaper and more energy efficient while sequestering carbon. This funding helps Aestuarium to accelerate product development on their path to real-world deployment at scale.

The investment fits well within the scope of Capricorn Industrial Biotech Fund as an Article 9 Impact Fund.

Rob van der Meij, Parter at Capricorn Partners explains:

• As the climate crisis progresses, the availability of fresh water is one of the key challenges. We are excited about the potential of Aestuarium to reduce the energy consumption of desalination by over 60%, separating salts for other uses, and sequestering carbon at the same time.”