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Cleantech

Sofi Filtration Secures €900K for Mineral Recovery Tech Expansion

Summary generated with AI, editor-reviewed
Heartspace News Desk
Source: EU-Startups
TL;DR

Finnish startup Sofi Filtration received €900,000 from EIT RawMaterials to scale their ultrasound water filtration for mineral recovery. This funding through 'ERMA Booster' and 'Fast Track' will help develop pilot projects and expand internationally, focusing on market entry in Europe, Türkiye, and North America.

Key takeaways

  • Sofi Filtration, a Finnish CleanTech startup, has secured €900,000 in funding from EIT RawMaterials to advance its innovative ultrasound-based water filtration technology for critical mineral recovery
  • The investment, facilitated through the ‘ERMA Booster’ (€600,000) and ‘Fast Track’ (€300,000) programs, will accelerate the development of industrial pilot projects and support the company's international expansion efforts
  • According to CEO Riina Salmimies, this funding will enable significant progress in commercialization by bolstering the team, fostering strategic partnerships, and preparing for market entry in Europe, Türkiye, and North America
Sofi Filtration, a Finnish CleanTech startup, has secured €900,000 in funding from EIT RawMaterials to advance its innovative ultrasound-based water filtration technology for critical mineral recovery. The investment, facilitated through the ‘ERMA Booster’ (€600,000) and ‘Fast Track’ (€300,000) programs, will accelerate the development of industrial pilot projects and support the company's international expansion efforts. According to CEO Riina Salmimies, this funding will enable significant progress in commercialization by bolstering the team, fostering strategic partnerships, and preparing for market entry in Europe, Türkiye, and North America. While smaller than recent funding rounds secured by competitors such as Resilico (€5 million) and UP Catalyst (€18 million), Sofi Filtration's targeted investment underscores a focused approach on proof-of-concept validation and strategic market entry, positioning the company for sustained growth and technological validation.

Related Topics

CleanTechSofi FiltrationEIT RawMaterialsfundingcritical minerals

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