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Former Intellectual Ventures exec named CEO of startup destroying PFAS ‘forever chemicals’
- Dhileep Sivam, a former executive with Intellectual Ventures, has been named CEO of PFAS 'forever chemicals' destruction startup Aquagga.
- Aquagga was founded in 2019, and Sivam will now lead the Tacoma-based firm.
- The firm has been busy testing and building PFAS destruction devices that incorporate technology from the University of Washington and the Colorado School of Mines.
- Sivam brings a deep and varied background in technology to the role, having previously been an entrepreneur-in-residence at the University of Washington’s Clean Energy Institute and vice president of sciences at Bill Gates’ Breakthrough Energy.
- Aquagga's devices are designed to eliminate up to 99% of the PFAS present in contaminated water.
- Aquagga has raised $1.1m from investors and will be pursuing a Series A round early next year.
- PFAS chemicals are widely added to products, including firefighting foams, food packaging, clothing, carpets and fabrics.
- Despite the occurrence of PFAS in drinking water, Aquagga's technology requires lower temperatures and pressure and can operate continuously, treating more delicate small PFAS compounds.
- The planned commercial device, dubbed the Stampede system, is the size of a standard shipping container and will combine temperatures of 570 degrees Fahrenheit, high pressure and caustic conditions to break down PFAS into non-toxic components.
- Aquagga expects to begin shipping the Stampede devices by the end of next year and plans to sell and lease the machines.
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