We are proud to announce our investment in Ellona, formerly known as RUBIX S&I. The €7 million Series A round was led by PureTerra Ventures, investing alongside a syndicate including Airbus Ventures, Groupe ADP and M CAPITAL.
Ellona develops innovative devices and algorithms for real-time identification and remediation of pollutants and nuisances in a range of industries. One of the main applications is odour control in wastewater treatment plants worldwide.
Our managing Director Alexander Crowell responds:
“PureTerra Ventures is proud to have been selected to lead this fundraising round in Ellona. We are most excited about the profound impact Ellona can create in the field of environmental analysis. The modulation techniques developed by the company have incredible potential to fundamentally improve the way pollutants are measured, identified and decisions around remediation are taken, both in-and outside the water sector. Jean Christophe MIFSUD has built an exceptional team around him which we feel is very well positioned to drive the company forward. We look forward to being part of the Ellona story and working intimately with the team to solve the challenges ahead”
