432 Swiss start-up Oxyle has secured $2.8million in pre-seed funding to bring its wastewater micropollutant removal solution to market. The funds will help the company to increase its total raised to $7.4million. Oxyle’s solution aims at companies in the pesticide, chemical, textile pigments, electronics, and pharmaceutical sectors that regulates strict discharge limits. Oxyle is founded by CEO Dr Fajer Mushtaq, who developed the wastewater treatment technology as part of her doctoral studies at ETH Zurich. The technology aims to provide an efficient and eco-friendly solution to the global water pollution crisis. You Might Be Interested In Morgan Stanley and HSBC Reduce Investment Banking Jobs in Asia Amid China Deals Slowdown AI Race Accelerates with Amazon’s Investment In Anthropic KBank of Thailand Aims for 5% Loan Growth in 2024 with ‘3+1’ Strategy China’s electric carmakers BYD, Xpeng ramp up push overseas Skechers and Super League Forge Path in Metaverse Shopping Fannie Mae, Freddie Mac Tighten Condo Loan Requirements