Clean-tech Disinfecting Solutions Provider Receives £250k CIOSIF Investment

FSP’s Head of  Private Equity & Venture Capital team, Penelope Garden, has advised the Cornwall & Isles of Scilly Investment Fund (COISIF) on a £250,000 CIOSIF investment into Oxi-Tech as part of a £1million funding round. Co-investment came from existing shareholders and Henley Business Angels and is being used to support business growth.

Oxi-tech is a Tremough-based company that has developed disinfectant technology using water and electricity. Oxi-Tech’s patented clean-in-place technology uses activated oxygen, removing the need for aggressive chemical-based disinfection solutions, such as chlorine, and eliminating the high recurring costs and safety risks of traditional chemical disinfectant processes.

Oxi-Tech’s technology creates an oxidation process in-situ from tap water, that is safe to use for humans and animals and can be applied across a variety of sectors including agriculture, utilities, the built environment and water supply.

The company is in the initial stages of focusing its efforts on the agricultural sector where equipment such as dairy milking machines and animal feeding water lines are potential breeding grounds for bacteria and other pathogens.

The carbon-heavy supply chain of traditional large-scale disinfecting carries a significant environmental burden. Oxi-Tech’s solution reduces CO2 output and removes the use of harsh and dangerous chemicals from the process, as well as providing an estimated £20,000+ in savings per year to farmers implementing the system over traditional, chemical solutions.

Following successful trials in the UK and the Middle East, Oxi-Tech is now ready to commercialise its technology with a team that has an excellent track record in developing sustainable, innovative, high-growth businesses.