- Raised $120k funding round
About
Maygia has developed a technology that can reduce both costs and carbon emissions associated with treating industrial wastewater while also providing a solution for converting salty and contaminated water into drinkable water. The technology operates using a box that runs on hydrogen instead of electricity, eliminating the need for electricity-consuming devices. Feeding the box with hydrogen and wastewater or salty water produces clean water, waste, and electricity.
The company’s technology has the potential to provide a range of benefits to customers worldwide, including cost savings, reduced emissions, lower maintenance requirements, reduced size, backup power, and time-shifting operations, among others. Maygia’s technology offers a customizable and sustainable solution for treating wastewater and producing drinkable water without reliance on traditional electricity sources.
Funding history · 1 round · $120K total
Q&A
- What is Maygia's primary business?
- Maygia develops technology for hydrogen-powered clean water and electricity, focusing on reducing costs and carbon emissions in industrial wastewater treatment and converting salty water into drinkable water.
- What is the current status of Maygia?
- Maygia is currently inactive and ceased to operate in March 2025.
- When was Maygia founded?
- Maygia was founded in January 2022.
- How much funding has Maygia raised in total?
- Maygia has raised a total of $120,000.
- Which investor participated in Maygia's funding round?
- Techstars Accelerator participated in Maygia's funding round.
- What sector does Maygia primarily operate in?
- Maygia's primary sector is Energy Tech.
- What is the core technology developed by Maygia?
- Maygia has developed a technology that uses a hydrogen-powered box to treat wastewater or salty water, producing clean water, waste, and electricity without relying on traditional electricity sources.
Team · 1
Sectors & technology
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External links
| linkedin.com/company/82139313 |
Identifiers & details
| Former names | ParagonH2 |
|---|---|
| Founded | 2022-1 |
| Employees (exact) | 1 |
| Status reason | Non Active, Mar 2025 ceased to operate |