Envirotreat, a developer of proprietary technologies for the treatment of contaminated land, has won venture capital (VC) financing to expand its business. The funding round of £1.7 million was led by technology-focused investor E-Synergy, which contributed £1 million.

Envirotreat, a developer of proprietary technologies for the treatment of contaminated land, has won venture capital (VC) financing to expand its business. The funding round of £1.7 million was led by technology-focused investor E-Synergy, which contributed £1 million.

The balance is from pre-IPO investor Pre-X and generalist VC Catapult Venture Managers, which invested £350,000 and £325,000 respectively.

Following the investment, Duncan Martin, former director of hazardous waste at Veolia Environmental Services has been appointed as chief executive. Sam Richardson, investment director at E-Synergy, has joined the company’s board.

Richardson comments: ‘Envirotreat has protected [proprietary] technology, established revenues and an experienced management team with an excellent track record of completing more than 60 contracts.’

The West Midlands-based company plans to use the funding to expand its sales and marketing efforts, invest in equipment both for on-site soil remediation and landfill pre-treatment, and pursue international licensing opportunities.

E-Synergy invested from its £30 million Sustainable Technology Fund, which specialises in the cleantech and environmental sectors.