November, 2021

Aqdot completes oversubscribed £11m funding round and establishes strategic partnerships with new investors Ingevity & Clariant

Aqdot, the specialist chemtech company focused on enabling Cleaner Air For Everyone, Everywhere with its AqFresh™ technology is pleased to announce the completion of an oversubscribed £11m funding round. Supported by new investors and sector specialists Ingevity and Clariant the funding will enable the acceleration of commercial and manufacturing scale up driven by increasing demand.

AqFresh™ is a revolutionary new molecule capture & release technology that eliminates odours, pollutants, allergens & viruses while also offering prolonged fragrance release. Proven in a broad range of applications including air fresheners, non-wovens, textile coatings and personal care, AqFresh™ has broad spectrum and long lasting molecular capture efficacy.

Ingevity Corporation (NYSE: NGVT) is a leading provider of value-added products made largely from renewable raw materials and in derivatizing technologies that impart desirable environmental benefits in their use. The company’s Performance Materials segment innovates high-performance activated carbon-based technologies used in the control of automotive gasoline vapor emissions and its Performance Chemicals segment, which includes specialty chemicals and engineered polymers, delivers customer-focused solutions that solve difficult challenges for a variety of demanding applications.

Swiss-based multinational Clariant (SIX: CLN) is a focused, sustainable and innovative specialty chemical company. As one of the world’s leading global specialty chemical companies, Clariant supplies performance chemicals to a wide range of industries, notably personal care, fabric care and home care including air care.

Tim Wright, Chief Executive of Aqdot, said: “This is a great time to welcome investment from such prestigious sector leaders as Ingevity and Clariant as we scale and support further product launches. The combination of our revolutionary AqFresh technology with their world class scientific and go to market capabilities in focused fields will create value for customers through meaningful innovation, international market access and volume manufacture. It is an exciting time both for our existing team and the new roles that it will create.”

Ingevity & Clariant join IP Group, Parkwalk Advisers, Cambridge Enterprise, Providence, Business Growth Fund (BGF), OP6 Innovation, as investors in the Company.

ENDS

CONTACT: info@aqdot.com

NOTES TO EDITORS:

About Aqdot: Cleaner Air For Everyone, Everywhere

Headquartered in Cambridge, England, Aqdot® is a supramolecular chemtech company with a focus on improving air quality through licensing and selling its AqFresh™ platform technology. AqFresh™ is a novel and versatile performance chemistry that has exceptional capability at capturing, holding and releasing materials. Effective dry or when formulated in liquids and coatings, this powerful chemistry is game-changing in a wide range of industries.

AqFresh™ has no hazard warning for human health or the environment and has achieved a Platinum Material Health Certificate (MHC) from the Cradle to Cradle Products Innovation Institute. AqFresh™ is a trademark of Aqdot Limited. For more information visit www.aqdot.com

About Ingevity: Purify, Protect and Enhance

Ingevity provides products and technologies that purify, protect and enhance the world around us. Through a team of talented and experienced people, we develop, manufacture and bring to market solutions that help customers solve complex problems and make the world more sustainable. We operate in two reporting segments: Performance Chemicals, which includes specialty chemicals and engineered polymers, and Performance Materials, which includes high-performance activated carbon. These products are used in a variety of demanding applications, including asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, publication inks, coatings, elastomers, bioplastics and automotive components that reduce gasoline vapor emissions. Headquartered in North Charleston, South Carolina, Ingevity operates from 25 locations around the world and employs approximately 1,850 people. The company is traded on the New York Stock Exchange (NYSE:NGVT). For more information visit www.ingevity.com.

About Clariant:

Clariant is a focused, sustainable and innovative specialty chemical company based in Muttenz, near Basel/Switzerland. On 31 December 2020, the company employed a total workforce of 13 235. In the financial year 2020, Clariant recorded sales of CHF 3.860 billion for its continuing businesses. The company reports in three business areas: Care Chemicals, Catalysis and Natural Resources. Clariant’s corporate strategy is based on five pillars: focus on innovation and R&D, add value with sustainability, reposition portfolio, intensify growth, and increase profitability. For more information visit www.clariant.com

AqFresh™ Hair Dye Odour Removal Webinar

Listen to our AqFresh™ Hair Dye Odour Removal Webinar presented by Sabrina Darly, Technologist in the R&D team at Aqdot. The webinar is focused on the application of AqFresh™ into hair dye formulations to reduce the ammonia odour during use. It covers a brief review of firstly, the structure of hair, secondly, the different types of hair dyes, thirdly, how a permanent hair dye works, and finally, the odour removal efficacy results from testing AqFresh™ in hair dye formulations.

For a free copy of the report, and to find out more about AqFresh™ odour elimination technology, please get in touch by completing the “CONTACT US” form below.

Webinar Contents:

The structure of hair
The different types of hair dyes
How a permanent hair dye works
The odour removal efficacy results from testing AqFresh™ in hair dye formulations

AqFresh™ – A revolutionary molecular capture technology with malodour elimination, and smart fragrance release benefits

AqFresh™ Pure is the next generation of host-guest chemistry delivering unrivalled malodour elimination, prolonged ‘smart fragrance’ capabilities, as well as pollutant (volatile organic compounds) and anti-allergen benefits. With no environmental or human health warnings, AqFresh™ Pure is already in-market in a deodorant brand, for instance, and can add value in formulations in most Personal Care product categories.

The patented AqFresh™ Pure technology was developed at Aqdot® in Cambridge UK by a team of scientists and innovators. This unique technology is made of pumpkin-like shaped molecules, cucurbiturils, named after Cucurbita, the Latin word for pumpkin. AqFresh™ Pure is the next generation of cosmetic chemistry, able to act as molecular capture and release technology leading to consumer noticeable benefits. AqFresh™ Pure contains a mixture of cucurbit[n]urils (n =6, 7, 8) and each homologue has affinity for a variety of molecules. Thus, AqFresh™ has exceptional capability to bind a wide spectrum of molecules with different sizes and functional groups.

AqFresh™ Pure is chemically and thermally stable. The AqFresh™ Pure complexation mechanism is highly application versatile. Consequently, it works in powder and liquid form and is effective at highly diluted concentrations. This combination of attributes enables it to work as a revolutionary 5-IN-1 technology, capable of delivering the following benefits: 1) odour elimination, 2) anti-pollution, 3) smart fragrance delivery, 4) antiallergen and 5) antiviral.

Focus on Odour Removal:

AqFresh™ Pure has shown excellent odour removal in a wide range of pH formulations. Therefore it has no need for any masking fragrance. It has proven to be effective against human, food, bathroom, pet and other household smells. AqFresh™ Pure is compatible with most ingredients found in personal care products including surfactants, emulsifiers, enzymes, polymers and fragrances. Moreover, it delivers instant odour counteraction and long-lasting effects. AqFresh™ Pure has been effectively formulated in deodorant products to remove body odours. Also, AqFresh™ Pure has been incorporated into permanent hair dyes formulations to significantly reduce the “ammonia-like” odour during use.

Month: November 2021