Wastewater treatment company OxyMem is set to triple its production capabilities, hiring 15 new staff after its owners landed the NovaUCD 2015 Innovation Award.
OxyMem, an Irish start-up working in water cleaning and efficiency technology, currently operates out of Athlone, where it manufactures its Membrane-Aerated Biofilm Reactor, with the help of 40 staff.
The company has raised €2.5m from investors and Enterprise Ireland, with 15 further roles to be filled on the back of its latest expansion plans.
The NovaUCD award was presented to them in recognition of the success and impact that the company has achieved to date in the international, multi-billion euro wastewater treatment industry.
Professor Eoin Casey and Dr Eoin Syron, OxyMem co-founders, with their NovaUCD 2015 Innovation Award – via Nick Bradshaw
OxyMem has actually landed a fair few gongs in its short time as a company. Back in March, for example, it took grand prize at Imagine H2O, a leading accelerator for water technology based in San Francisco.
It recently opened an office in the US, “to service growing demand” in North America and is looking to triple production and expand staff numbers throughout 2016.
Established by Professor Eoin Casey and Dr Eoin Syron, OxyMem’s technology is a break from the last 100 years of biological aerobic processes, which was largely activated sludge treatment.
Instead, OxyMem uses “gas permeable membranes”, which allows oxygen to be transferred directly to the wastewater treating bacteria – this reduces costs on both production and energy.
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Water image via Shutterstock