DANA POINT, Ca., June 6, 2018– Atlantis Technologies announced today that they have secured a $2 million Series-A investment from Evapco, Inc. and CentreGold Capital along with global licensing and distribution agreements. The funds will be used to scale up the team, increase production capability, develop next generation systems, and expand global sales and service.
Evapco, a global manufacturer of heat transfer equipment, will have a full technology license and global exclusive distribution rights to the Atlantis Technologies desalination system for commercial HVAC and process cooling applications. Evapco President and CEO William Bartley has been elected to the Atlantis board of directors.
Emerging San Francisco-based investment firm CentreGold Capital will have distribution rights for the technology in China excluding HVAC applications through their Chinese parent company, Nanfang Zhongjin Environment Co., Ltd.
“The technical expertise, market focus, and financial depth of our new strategic partners will enable Atlantis to greatly expand its global reach. I am thrilled to add these two fantastic companies to our team,” said Atlantis Technologies CEO, Patrick Curran. “As a technology partner and licensor for industry giant Evapco, Atlantis will be able introduce capacitive deionization (CDI) to the cooling tower market. With the support of CentreGold and Nanfang, we will be able to securely penetrate the Chinese market.”