Water-saving toilet manufacturer launches £3.2m Seedrs funding round
An Essex-based manufacturer and patent holder of a low-water flush toilet is launching a multi-million pound funding round.
Propelair is set to launch a new crowdfunding campaign via the online investment platform to expand its water-saving patented technology.
Engineered specifically for commercial, public and high-footfall locations with high bathroom demand, Propelair’s self-developed design combines 1.5 litres of water with a high-speed jet of air.
The firm plans to use the funds raised in the investment round to expand into new territories as well as boost sales in existing markets.
David Hollander, CEO of Propelair, commented: “This is a very exciting time for the company – Propelair is a big advance in water saving and given we all need the loo, has huge implications for everyone.
“Having made good progress, we are now inviting people to join our mission – to save water, save our customers money, improve hygiene in shared areas and help save the planet, one flush at a time.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model
Bots don't beat personal business coaching
From COVID-19 to the Middle East crisis
How to build credibility in B2B marketing
Is your business ready for the trade union change?
Government 'must take its foot off businesses' throats'
Upskilling key to civil engineering's future
Why apprenticeships are becoming a strategic asset