Mitsubishi Electric, ME Innovation Fund Invests in Hydroleap

About the Feature

Mitsubishi Electric Corporation has invested in Hydroleap Pte. Ltd., a Singapore-based startup company that provides wastewater treatment solutions. This is Mitsubishi Electric’s fifth investment through its ME Innovation Fund.

Southeast Asia is facing serious water pollution problems caused by industrial effluents. Industrial effluents can contain highly toxic heavy metals, high levels of organic substances, and persistent substances. These pollutants can harm human health and the environment. Existing biotreatment approaches are not always sufficient for treating wastewater effluents that contain these pollutants. Electrolytic methods are a promising new technology for treating wastewater effluents. Electrolytic methods use electricity to break down pollutants into harmless substances.

Hydroleap’s technology uses electrochemical methods to treat wastewater effluents. The company’s technology is effective in removing a wide range of pollutants, including heavy metals, organic substances, and persistent substances. Hydroleap’s technology is also energy-efficient and cost-effective. Mitsubishi Electric’s investment in Hydroleap is a sign of the company’s commitment to developing innovative solutions to water pollution problems. Mitsubishi Electric is confident that Hydroleap’s technology will help to improve water quality in Southeast Asia.

To know more about how Mitsubishi and Hydroleap’s partnership, see ME’s press release here.

About Mitsubishi Electric

Mitsubishi Electric Corporation (三菱電機株式会社, Mitsubishi Denki kabushikigaisha, also abbreviated as MELCO) is a Japanese multinational electronics and electrical equipment manufacturing company headquartered in Tokyo, Japan. It is one of the core companies of Mitsubishi.

Mitsubishi Electric was established on January 15, 1921, as a spin-off from Mitsubishi Heavy Industries, then Mitsubishi Shipbuilding, as the latter divested a marine electric motor factory in Kobe, Nagasaki. It has since diversified to become a major electronics company. MELCO held the record for the fastest elevator in the world, in the 70-story Yokohama Landmark Tower, from 1993 to 2005.

Mitsubishi Electric’s products include elevators and escalators, high-end home appliances, air conditioning, factory automation systems, train systems, electric motors, pumps, semiconductors, digital signage, and satellites.

The company has a presence in over 200 countries and regions around the world. In 2021, it had consolidated sales of ¥4.3 trillion (US$38 billion).

They are well-known for their quality products and commitment to innovation. The company has a strong research and development team that is constantly working on new technologies. Mitsubishi Electric is also a leader in the field of sustainability. The company has set ambitious goals to reduce its environmental impact.

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