By: Gil Toren
CEO
Share

Tethys

Tethys has developed a game-changing purification and desalination technology, for water of any kind, based on solar energy. Tethys‘ innovative modular system reduces energy costs by 90%! Tethys is revolutionizing an $18 billion growing market.

280%

From Funding target

1

units lefts

0

Days to go
Type:Equity   
Stage:Seed +
Category:CleanTech
•  Successfully funded    
  • Campaign Highlights
  • Pitch
  • Team
  • Investors 31
  • Updates

Campaign Highlights

An Innovative technology which enables life

Water is the essence of life. Based on a technological breachthoughTethys has developed a cost effective solution that does not require an electrical infrastructure, and the power to turn any source of water - seawater, brackish water, industrial water and even polluted water - to quality drinking water. Through its unique and modular system, Tethys can assist billions of people around the world who are thirsty for clean water, as well as supporting the needs of agriculture and industry, while significantly reducing the harsh impact on the environment.

 

An $ 18 billion annually growing market

According to Bloomberg, the global water purification and desalination market, estimated at an annual volume of about $ 18 billion, is growing at a rate of 15% every year, and includes the realms of industry, agriculture, and tourism, alongside households and community needs.

Small plants consist about 30% of this market and are responsible for $ 6 billion alone. This is a fast growing market share, and will therefore be the primary initial target audience in Tethys' planned penetration into the global market.

Tethys is in touch with a large number of optional partners to distribute the technology and has signed two LOI agreements with companies in Jordan and Angola, along with negotiations held with several Chinese companies who have expressed interest in the company's technology.

 

Invest in an innovative solution to a global crisis

“Water crises … the greatest risk facing the global economy, outweighing the spread of infectious diseases, interstate conflict, energy price shocks and fiscal crises” -WEF Davos 2015

Water covers 70% of the earth. However, 97% are saline and non-potable, and only a small amount of the remaining 3% can be consumed without treatment or purification. The global increase in water consumption leads to a constant, daily decrease in the small amount of water suitable for drinking, running out of this resource every passing day, which is expected to be depleted within a few decades.

In a world where drinking-water reservoirs are shrinking at an ever-increasing rate, Tethys' technology is needed more than ever, allowing a 50% reduction in the total cost of drinking water production, and creating a globally adaptable global model.

Economists estimate that in the next 20 years an astronomical sum of about $ 500 billion will be invested in research and construction of infrastructures, related to purifying and cleansing water.

 

Experienced team with a proven track record

Tethys' team combines top experts in their fields - research and technology experts, water experts, mechanics engineers and business and marketing experts. Together, the team has developed a smart, cost effective, flexible, fast and dynamic modular system, which already raises great interest in the market.

 

Tethys in the media

The company and its unique technology, with its many valuable advantages, have received great attention in the industry and from media outlets in Israel and abroad, including CNBC, Leaders League, IsraelI21c and the Jewish Business News, which included it on the list of 25 Israeli tech companies especially worth follow for 2017.

 

Pitch

The idea

Three-quarters of the earth's surface is covered with water - but today due to accelerated development, urbanization and industrial development, as well as global warming, only 1% of this water is fresh and good for drinking. This quantity needs to satisfy the needs of the entire world - from agriculture and industry, to the drinking water that reaches faucets in every home and business around the world.

About one-third of the world's population - around 2.8 billion people - is already living in water-stressed countries, and a similar number is suffering from a lack of access to electricity which could allow for water purification. By 2025, this number is expected to double, so that two-thirds of the world's population is expected to suffer difficulties in obtaining fresh water, whose price is expected to increase over the years if no solution is found.

From China and India to Spain and large parts of the United States, the global water problem is already a major everyday issue, and is the greatest challenge humanity faces in the current century. Current solutions are characterised by high energy costs, heavy construction expenses, and a very slow deployment pace on site, and all this along with serious damages caused to the environment in the form of gas emissions and the production of toxic chemical waste.

In dark gray: countries who already suffer from water stress

How does it work?

Tethys' water purification and desalination technology was developed to meet the growing global need for fresh water, produced by an environmentally friendly method, while reducing energy costs by 90% using solar energy alone, compared to the demanding and wasteful in resources systems which are currently in common use.

The name stems from the mythological Greek Sea Goddess Tethys, sister and consort of Oceanus, mother of the great rivers, lakes and fountains of the world and of the Oceanid sea nymphs.

 

 

The innovation that Tethys brings to the solar desalination market is expressed by neutralizing the need to convert solar energy into electrical energy for the process of water purification. With no need for using of solar cells, TSD makes direct use of solar energy to heat the water .The process is based on multi-stage condensation evaporation through an innovative patented technology, which provides a much higher efficiency than similar systems tested in the past. The innovation is also reflected in the use of low-cost recyclable materials for the production of fresh water.

The Tethys system is based entirely on solar energy and is built from units which are independent modules, and can be connected to each other to create systems of various sizes: from small households or communities, to industrial or municipal volumes, depending on the client's need and the location. The ease and speed of setting up and operating the Tethys modules means a real revolution in purifying and desalinating water for the entire world.

 

Tethys' Advantages:

• An environmentally friendly system - does not produce gases, toxins and byproducts with negative effects

• Does not use chemicals for the process

• No CO2 emissions

• The system is supported by solar energy, meaning it does not need to be connected to electrical systems and can operate enen in off-grid parts of the world

• Energy utilization is 90% cheaper than existing systems

• Total water production costs are 50% lower than existing solutions in the small to medium market

• Flexible modular solution - enables the establishment of systems in different sizes as needed

• Suitable for all types of water

• Extremely easy deployment of the units in the field - allows access to clean water at a much faster rate than other existing solutions

 

Development & Vision

The company's innovative and groundbreaking technology offers a unique solution to the most pressing problem of the 21st century -  water scarcity. Tethys aims to become a market leader in desalination and water purification - a market that is expected to reach an estimated annual business volume of $ 28 billion by 2025.

After establishing 3 generations of the system, the Tethys team has achieved a complete and working, active POC system: opperated for 3 months to prove the feasibility and efficiency of the technology..

The next planned phase is the design of modules in the fourth version (V4) which will more than double the production capacity per day. These modules will be used to establish a pilot site which will enable the system to present all of the technology's advantages and serve as a basis for mass production.

The technology and concept behind Tethys was presented at the Watec 2015 event, dedicated to water and environment related technologies, and has attracted considerable attention from potential customers, as well as key players in the industry.

 

באיור: תרשים דוגמה למערכת המתכוננת לצרכי פיילוט

 

Team

Dr. Moshe Tshuva
Founder
Biography
Dr. Tshuva (Ph.D.) is the Chairman of the Sustainable Energy Forum in Israel, as well as an expert in the field of thermodynamics and multi-layered flow, with experience in a variety of projects, products and patents.

  • Founder
Joshua Altman
Founder
Biography
Joshua has an MBA and B.Sc., with over 30 years of experience in initiating, developing, managing and supporting dozens of projects in the realms of security, water treatment and solar energy. As chairman of 4ID, he and his team have won the 2007 Invention award of the Israeli Ministry of Defense.

  • Founder
Gil Toren
Founder
Biography
Gil has 28 years of experience in managing engineering projects in the media and serves as chairman of the DB Group, among other activities; he has founded DB Digital, a digital archiving platform, which includes the Israeli State Archives and the world‘s leading medication manufacturer.

  • Founder
Zeev Emmerich
Founder
Biography
With an M.A. In Political Science and a B.A. in Economics, Zeev has over two decades of experience in research and teaching at institutions like NYU-TA, Cambridge University (UK) and Tel Aviv University (political theory and political economy).

  • Founder
Hezi Basok
Expert Advisor
Biography
Founder and CEO of "First Right Time", established in 2014, From 2004 to 2009, Hezi has managed the operations and service division of ECI Telecom Ltd. as senior vice president and head of global business activity, managing hundreds of millions of dollars.

  • Advisor
Amir Preisler
Expert Advisor
Biography
Amir is the founder and CEO of Hena, ‘with a BA in economics and business management. He brings with him 20 years of experience in investments, mergers and acquisitions, working with governmental funds and negotiating with governments.

  • Advisor

Investors 31

Anonymous Investor
0
Followers
9
Investments
Anonymous Investor
0
Followers
1
Investments
Anonymous Investor
0
Followers
1
Investments
Anonymous Investor
0
Followers
1
Investments
Anonymous Investor
0
Followers
1
Investments
Anonymous Investor
0
Followers
8
Investments
Anonymous Investor
0
Followers
4
Investments
Anonymous Investor
0
Followers
1
Investments
Anonymous Investor
0
Followers
6
Investments
Anonymous Investor
0
Followers
1
Investments
Anonymous Investor
0
Followers
4
Investments
Anonymous Investor
0
Followers
2
Investments
Anonymous Investor
0
Followers
1
Investments
Anonymous Investor
0
Followers
1
Investments
Anonymous Investor
0
Followers
1
Investments
Anonymous Investor
0
Followers
3
Investments
Anonymous Investor
0
Followers
1
Investments
Anonymous Investor
0
Followers
2
Investments
Anonymous Investor
0
Followers
2
Investments
Anonymous Investor
0
Followers
4
Investments
Anonymous Investor
0
Followers
2
Investments
Anonymous Investor
0
Followers
3
Investments
Anonymous Investor
0
Followers
2
Investments
Anonymous Investor
0
Followers
1
Investments
Anonymous Investor
0
Followers
2
Investments
Anonymous Investor
0
Followers
2
Investments
Anonymous Investor
0
Followers
1
Investments
Anonymous Investor
1
Followers
7
Investments
Anonymous Investor
0
Followers
4
Investments
Anonymous Investor
1
Followers
13
Investments
Anonymous Investor
0
Followers
4
Investments

Updates

Currently there are no updates in this pitch

The Deal

Documents

Disclosures

The financing rounds made through the ExitValley platform are in accordance with a model of statutory exemption from publishing a prospectus pursuant to sections 15A(A)(1) and 15A(A)(7) to the Israeli companies law - 1965.
Under our model, the disclosure of detailed information on the company and information about the investment in each round of financing are limited to not more than 35 investors which are not qualified investors and the round of financing in not in the format of an offering arrangement ("רכז הצעה") as defined in the securities law
Follow us