The USGS estimates over 90% of U.S. industrial wastewater is not reused. Companies either truck their wastewater to costly treatment facilities or treat it in house at great cost. For environmental, economic, or regulatory reasons, industry is moving to a zero liquid discharge approach to concentrate wastewater for easy disposal and reuse the treated water in their manufacturing or washing processes. Micronic satisfies this ZLD need.
Unlike other evaporation systems on the market today, Tornadic One-Pass™ is a one-pass system; enables >95% reuse, removes >99% of contaminants; enjoys reduced CAPEX/OPEX by >50%; virtually eliminates disposal cost and water fees; uses no filters, membranes, or chemicals; enables resource recovery from concentrate; reduces environmental footprint; and Micronic holds 11 patents to preserve its place in the market.
Sectors in the $20B wastewater market include food and beverage, chemical, power, steel, textile, and pharma. Micronic’s first customer is in the ~$3B cheese market where 95 cheese manufacturing plants in US can take advantage of our technology. Our secondary market is treating leachate or “run-off” at municipal and industrial landfills nationwide (~$19B market at 10,000 landfills in US).
Micronic will enter the ZLD market one of two ways: water product companies integrating new technologies into product treatment trains offered to end user customers; or engineering firms designing new technologies into client solutions. Revenue is projected to include initial sales/leasing, remote data monitoring, artificial intelligence (IA) optimization for water quality and machine performance, and maintenance and service contracts.
Our first customer is the EPA with an installation in Q1 2022. With $500K+ of in-kind contributions, this unit will host customers for demonstration purposes at the EPA. Our next customer is a large cheese manufacturing company, having granted $25K for R&D, to commercialize into the 95 plants across the US.
Unlike other evaporation systems on the market today, Tornadic One-Pass™ is a one-pass system; enables >95% reuse, removes >99% of contaminants; enjoys reduced CAPEX/OPEX by >50%; virtually eliminates disposal cost and water fees; uses no filters, membranes, or chemicals; enables resource recovery from concentrate; reduces environmental footprint; and Micronic holds 11 patents to preserve its place in the market.
Sectors in the $20B wastewater market include food and beverage, chemical, power, steel, textile, and pharma. Micronic’s first customer is in the ~$3B cheese market where 95 cheese manufacturing plants in US can take advantage of our technology. Our secondary market is treating leachate or “run-off” at municipal and industrial landfills nationwide (~$19B market at 10,000 landfills in US).
Micronic will enter the ZLD market one of two ways: water product companies integrating new technologies into product treatment trains offered to end user customers; or engineering firms designing new technologies into client solutions. Revenue is projected to include initial sales/leasing, remote data monitoring, artificial intelligence (IA) optimization for water quality and machine performance, and maintenance and service contracts.
Our first customer is the EPA with an installation in Q1 2022. With $500K+ of in-kind contributions, this unit will host customers for demonstration purposes at the EPA. Our next customer is a large cheese manufacturing company, having granted $25K for R&D, to commercialize into the 95 plants across the US.
Location: United States, West Virginia
Employees: 11-50
Phone: 2762858970
Total raised: $5M
Founded date: 2008
Investors 2
| Date | Name | Website |
| - | CAV Angels | cavangels.... |
| - | K2X | k2x.capita... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 27.10.2020 | - | $3M | - |
| 27.09.2014 | Grant | $2M | - |
Mentions in press and media 7
| Date | Title | Description |
| 25.01.2021 | CIT GAP Funds has invested $32.4M into 240+ Virginia startups since its inception | Named Virginia’s most active investor by CB Insights for the past six years, CIT GAP Funds’ investments have helped create more than 6,500 new jobs in the Commonwealth in the last 15 years, it reported this month. The Center for Innovative ... |
| 27.10.2020 | Micronic Technologies raises $3M for its water purification system | A Bristol tech startup has caught the eye of Richmond-area investors in the form of a $3 million investment. Micronic Technologies, founded in 2008 by Karen Sorber and Kelly Rock, announced that it has raised a $3 million seed round that it... |
| 21.10.2020 | CIT GAP Funds co-led a $3M seed round for cleantech company Micronic Technologies | The Herndon, Virginia-based Center for Innovative Technology (CIT) announced that its early-stage investment fund, CIT GAP Funds, took part in leading a $3 million seed round in Bristol, Virginia-based Micronic Technologies, a developer of ... |
| 21.10.2020 | The Briefing: RVShare Raises Over $100M, Google Disputes Charges, And More | 10 Shares Email Facebook Twitter LinkedIn Here’s what you need to know today in startup and venture news, updated by the Crunchbase News staff throughout the day to keep you in the know. Subscribe to the Crunchbase Daily RVShare raises over... |
| 23.01.2019 | This Week in Jobs: Winter is here, and so are some sweet gigs | Editor’s note: Every week we ship an email newsletter featuring the region’s most exciting career opportunities. We’ve lovingly called it This Week in Jobs (aka TWIJ — “twidge” — here at Technical.ly HQ). Below is this week’s edition. Here’... |
| 17.01.2019 | CIT’s Virginia Founders Fund is investing in a Bristol-based tech company | The Herndon, Va.–based Center for Innovative Technology (CIT) announced that its Virginia Founders Fund has invested in Virginia-based Micronic Technologies, a developer of sustainable water purification technology, a press release states. ... |
| 08.09.2015 | Women, IT and Mars: What to Expect from This Year’s Ag Innovation Showcase in St Louis | The St Louis-based Ag Innovation Showcase, one of agtech’s longest standing events, is in its seventh year and the event organizers are promising attendees their best year yet as registrants are already up 26 percent on last year. Following... |