Singapore July 30, 2025 – Antares Ventures, a deep-tech VC firm focused on Asia Growth Markets, today announced its continued investment in Hydroleap, a Singapore-based leader in electrochemical water treatment, as part of the company’s latest USD 4.75 million funding round. This round, which includes participation from EDBI (via SG Growth Capital, investment platforms of the Economic Development Board (EDB) of Singapore and Enterprise Singapore), and Woh Hup, a leading Singaporean construction and engineering company, brings Hydroleap’s total funding to nearly USD 12 million.

As one of the earliest supporters of Hydroleap, we are excited to double down on our commitment as the company enters a new phase of regional scale. Our Founder and Managing Partner, Michael Gryseels, who also serves as Chairman of Hydroleap’s Board of Directors, has been closely involved with the company’s journey from the earliest days. Hydroleap’s solutions are already helping industries reduce their environmental footprint while boosting operational efficiency, delivering measurable results in energy and chemical reduction across sectors like data centers, semiconductors, pharmaceuticals, and agrifood.

Michael Gryseels, Founder and Managing Partner at Antares Ventures, said:

“Hydroleap delivers what industries across Asia Growth Markets increasingly need: efficient, scalable water treatment that’s both commercially viable and sustainable. As demand grows across sectors like AI, semiconductors, and sustainable agrifood systems, their solution helps cities and infrastructures reduce resource use without compromising performance. AI isn’t just about chips and software. It drives up needs for efficient energy and water-cooling management, and Hydroleap tackles that challenge head-on.”

This investment aligns with our resilient cities & infrastructure focus, one of Antares Ventures’ core deep-tech investment theses. In Asia Growth Markets, where urbanization, industrial intensity, and sustainability pressures converge, Hydroleap’s technology directly supports more resilient, resource-efficient infrastructure.

Dr. Mohammad Sherafatmand, Founder and CEO of Hydroleap, said:
“This funding round, particularly with the backing of strategic and institutional investors, underscores strong confidence in Hydroleap’s technologies. Critical infrastructure such as data centres, semiconductor and pharmaceutical facilities urgently require smarter, more sustainable water and energy management. This is where Hydroleap delivers solutions that drive both financial efficiency and environmental impact.”

The round also brings together strategic institutional partners who recognize the economic and environmental potential of Hydroleap’s technologies. EDB, Enterprise Singapore, and Woh Hup back its electrochemical solutions, which enable industrial customers to become chemical-free, recycle wastewater, and reduce energy consumption by 10%.

It also reflects our hands-on Asia acceleration model: supporting founders from first deployment to scaled adoption. Antares Ventures helps enable portfolio companies like Hydroleap to accelerate deployment and scale in markets where their innovation has the most impact.

“Through our deep connectivity in the region, Hydroleap has been able to access critical industries in Asia and turn innovation into real-world results,” Gryseels added. “We’re proud to continue standing with them as long-term partners, alongside leading institutional investors committed to Asia’s sustainable future.”

About Hydroleap
Hydroleap, a Singapore-headquartered company, pioneers sustainable water and wastewater treatment through its proprietary electrochemical technologies. By redefining how industries manage water, energy, and chemical consumption, Hydroleap delivers innovative, scalable, and cost-efficient solutions that enhance operational performance while supporting environmental sustainability.

Visit Hydroleap’s website and full announcement here.