IP Venture (UK)

There are relatively few things we do today that we did 50, 100 or 500 years ago. However, washing clothes with water and detergent is one of them. But climate change and an ever-growing population are affecting the way we use our natural resources, and how we manage the world’s water supply and meet current and future demand is one of the global issues facing governments, businesses and society.

Xeros offers a solution to this growing problem and demonstrates what can be achieved to create a more sustainable society with its ground-breaking technology that takes the water out of the wash through its polymer bead cleaning process. Xeros proposes an alternative to traditional water-based and solvent-based laundering systems and garment cleaning technologies. By combining the polymer beads’ molecular structure with a proprietary detergent solution, the result is a superior cleaning system even better than water. The Xeros System delivers these cleaning results by utilising less water, less energy and less detergent.

Top Technology Ventures, the manager of IP Ventures, one of the leading early stage UK funds backed by EIF, demonstrated its belief in the Xeros team by helping to finance the development and testing of the Xeros prototypes, and the encouraging results now make it possible to envisage a commercial launch. The aim of Xeros’ CEO Bill Westwater and his team is to one day save a million swimming pools’ worth of water in the UK alone.

Company: Xeros, UK

Type of business: polymer cleaning system

EU-supported investment through IP Venture Fund I & II

For further information about EIF intermediaries inthe UK, please refer to: http://www.eif.org/what_we_do/where/gb