NuWave Research
Date | Investors | Amount | Round |
---|---|---|---|
$8.7m | Grant | ||
Total Funding | €7.9m |
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Recent News about NuWave Research
EditNuWave Research specializes in providing customizable solutions for Microwave Assisted Processing (MAP) needs, including extraction, biosynthesis, and organic synthesis. The company operates in the industrial sector, focusing on food processors and manufacturers who aim to preserve nutritional value, flavors, and colors of their products without using chemical preservatives. NuWave Research leverages microwave technology to create sustainable industrial processes that minimize the use of harmful chemicals, making it safer for both humans and the environment.
The business model revolves around offering patented microwave solutions that are scalable for growth, allowing clients to build their businesses with confidence. NuWave Research generates revenue through the sale of its microwave-assisted processing machines and related services. The company serves a global market, addressing the significant issue of food waste by enabling farmers to dry their products at the source, thus reducing transportation costs and carbon footprint.
NuWave Research's technology requires minimal manufacturing space, making it accessible and practical for a wide range of clients. The company's innovative approach has attracted significant investment, including a $2 million investment from Sustainable Development Technology Canada.
Keywords: Microwave-assisted processing, extraction, biosynthesis, organic synthesis, food preservation, sustainability, industrial applications, patented solutions, scalable technology, food waste reduction.