Atlanta Georgia based Sanergy is raising $23,437,226.00 in New Equity Investment.
Atlanta, GA – According to filings with the U.S. Securities and Exchange Commission, Sanergy is raising $23,437,226.00 in new funding. Sources indicate as part of senior management Co-Founder, David Auerbach played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Sanergy
Cities around the world are growing rapidly. Today, the population in urban slums is 1 billion and is expected to increase to more than 3 billion people by 2050. With existing infrastructure already struggling to keep pace, 70% of slum residents live without access to a safe sanitation option. As a result, 1 million people die each year due to sanitation-related diseases, and economies lose $260 billion in impaired productively. Sanergy has a variety of bold sanitation and waste management solutions for these booming cities! A solution that addresses all systemic gaps from waste containment, emptying, transport, treatment and reuse. Our approach involves building a repertoire of low-cost, high-quality sanitation products and services for residents living in urban non-sewered areas, safely removing all of the waste generated by our customers and transporting it to our central processing plant for treatment and up-cycling into high quality agricultural inputs. To date, we have built a network of over 2,500 Fresh Life Toilets, which serve over 100,000 urban residents with safe sanitation every single day. We also safely remove and up-cycle over 6,000 metric tonnes of waste every year.
To learn more about Sanergy, visit http://www.sanergy.com/
Contact:
David Auerbach, Co-Founder
224-627-7000
https://www.linkedin.com/in/david-auerbach-90a5284/
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