One of the many opportunities that the Southeast Asia region will offer Triton is the chance to work with global partners to develop applications for its new product, CompEx, a rubber powder solution which separates oil from water. The CompEx could become a tool used in response to offshore oil spills as well as many other industrial applications.

Frank J Kroll, CEO of Triton Water AG said: “EDBI’s investment is an important step in Triton’s strategy of expanding the company’s activities overseas, in particular into Southeast Asia. Securing a partner of EDBI’s calibre, which has a strategic focus on the clean technology sector, is testament to Triton’s industry-leading status in water treatment. EDBI’s decision to invest in our business is particularly pleasing given the strategic importance of Singapore as a hub for development of water technologies and as a dynamic business centre that is home to many large and fast growing companies. We look forward to working closely with EDBI to seize the exciting opportunities for our business in Singapore and the wider region.”

Also joining the round of investments was Wölbern Private Equity GmbH, through its cleantech fund, as second largest investor in this round, also represented on the supervisory board.