WellToDo has developed, based on technology originating from the Technion, an innovative method for eliminating pollutants in water. The method is expected to solve serious water problems in the USA
AST and the Technion are investing in the company WellToDo, which has developed technology to eliminate pollutants in water. WellToDo's technology, which originates from the Technion, turns water pollutants into non-polluting substances using an innovative chemical process. This is a promising technology, which is expected to solve serious water problems in the USA. Recently, WellToDo was chosen by the GE company from among hundreds of companies, and was announced as one of the six leading companies in the world, with innovative and promising technology in the field of water.
WellToDo's technology is based on a chemical process that turns the pollutants in the water into non-polluting substances. This is in contrast to existing technologies, which separate the polluted water into two streams: a main stream of clean water and a secondary stream containing a large amount of pollutants. These technologies, in a sense, do not solve the problem of pollution but only move it to another place. WellToDo's technology is the only method currently available to remove pollutants from water in a chemical process that does not produce byproducts or a polluted secondary stream.
WellToDo was established in 2013 on the basis of the unique technology developed by Prof. Moshe Shaintoch and Dr. Uri Mittal from the Faculty of Chemical Engineering at the Technion. This technology is effective in removing pollutants such as nitrates, which are common in drinking water, and pollutants found in the effluents of mines, power plants and food and beverage factories.
The company began its journey in the chief scientist's greenhouse program, and proved the effectiveness of its technology in removing nitrates - the most common pollutant in Israel's groundwater - from wells. Drinking water containing nitrates above the permitted concentration can cause serious illness and even death among babies. The control of nitrates in Israel and around the world is very strict, including shutting down wells and water sources where the concentration of nitrates is higher than allowed. The problem of contamination of water sources with nitrates is very serious in the USA and especially in the Midwest and in the states of Nevada and California, where the problem has worsened as a result of a severe drought.
The company recently raised about one million dollars from the group of companies of A. Schitzer Chemicals through its subsidiary, AST. AST has already successfully invested in companies that develop innovative technologies for water treatment - companies originating from Ben-Gurion University and Mekorot. The Technion, as a significant shareholder in the company, joined the investment round through its unique investment fund and maintained its holdings in the company. The investment was accompanied by attorney Mittal Katz from Prims, Shilo, Givon, Meir law firm.
The money raised will be used to penetrate the international market, with an initial focus on the American market, where the company is in the midst of a significant project to implement the technology in collaboration with American Water, the largest water company in the USA. WellToDo maintains contacts with other industrial companies and water corporations in the USA. In Israel, the company cooperates with "Mekurot" in implementing the technology.
CEO of WellToDo Hovav Gilan said that "the investment of AST and the Technion is a significant milestone for WellToDo. This investment will allow us to break into markets where there is a significant need for water treatment, and where our systems have a significant advantage. We greatly appreciate the trust placed in the company."
Beaz Shitzer, CEO of AST, said that "We see WellToDo's technology as a promising technology, which will allow us to provide groundbreaking solutions in the field of water to our customers in Israel and the United States, and especially in China and India, where we see a keen interest in this unique platform."
