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SG’s startup Aprisium secures US$7 million Series A round

Aprisium's client have experienced up to 30% savings in operational costs related to contaminant management and compliance.

Syifa by Syifa
August 8, 2024
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Aprisium
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Heaptalk, Jakarta — Singapore-based contaminant detection and monitoring startup Aprisium announced the completion of its oversubscribed US$7 million Series A round. Deep-Tech Venture Partners and Cocoon Capital led this round, with significant participation from Woh Hup and Solisa Peppercorn.

“This funding will accelerate our growth, expand our reach, and enhance our ability to deliver unparalleled solutions across Asia, Europe, and the US. With our innovative technology, we are driving a new era of sustainability, enabling our customers to achieve unprecedented levels of efficiency and profitability,” Raghav Narayan, CEO and Co-Founder of Aprisium, said.

Contaminant detection in liquids, solids, and semi-solids remains a critical issue worldwide. Traditional laboratory testing methods typically take 5-15 days to deliver results, which often translate into operational delays, hinder timely decision-making, and increase risk exposure. This inefficiency leads to substantial costs for industries, impacting healthcare, productivity, and, not the least, the environment.

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Moreover, regulatory bodies enforce stringent penalties on companies responsible for contaminant releases, with fines reaching tens of thousands of dollars daily. The projected cost of tackling PFAS contamination in the United States is estimated to exceed US$11 billion in the coming years.

Founded in 2021, Aprisium provides innovative solutions with on-site, real-time testing capabilities. These capabilities enable continuous and accurate detection of contaminants, including heavy metals, inorganic compounds, and organic chemicals like PFAS. This startup can rapidly profile virtually any novel contaminant in the target medium, including fuels and engineered fluids.

Aprisium has deployed its analyzers in Singapore, the Philippines, and Australia, enhancing contaminant detection. Aprisium empowers companies to prevent environmental hazards, optimize treatment levels, and ensure compliance—all while improving operational efficiency and bolstering the bottom line.

Due to real-time data availability and AI-driven analytics, Aprisium’s clients have reported a 40% reduction in decision-making time. Additionally, companies using Aprisium’s solutions have experienced up to 30% savings in operational costs related to contaminant management and compliance.

To ensure safety and environmental policy compliance, Aprisium has cooperated with global companies across multiple industries, including water utilities, water treatment companies, data centers, cooling towers, mining, and shipping. The funds from the Series A round will accelerate Aprisium’s expansion into Europe, the United States, and Southeast Asia.

“With this Series A funding, Aprisium is poised to expand globally and lead the market in real-time contaminant detection, driving significant environmental benefits for industries worldwide.” Nicolas Tabardel, the Deep-Tech Venture Partner, said.

Tags: Aprisium

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