The Nobel Sustainability Fund managed by Earth Capital, a global sustainable investing private equity specialist, announces an additional GBP3.75 million investment into Propelair, the Essex-based manufacturer of what is believed to be the world’s lowest water-flush toilet system.
Further, the company has launched a separate equity raise through the Kickstart.Capital platform with a target of GBP1.75 million to extend its already significant community of commercial advocates and supporters.
The combined funding will assist the company’s R&D into enhanced functionality and more sustainable production techniques, alongside a new online platform that provides customers with real-time and advanced diagnostics. Propelair expects these developments to accelerate its expansion into new markets and provide more value-add to existing customers. The company has already established itself with a growing list of commercial customers across the UK, South Africa and the Middle East.
