Maygia, founded in 2022 and headquartered in Israel, is pioneering a transformative approach to water treatment and desalination, as highlighted in their slogan: "Water treatment & desalination - Hydrogen powered water and electricity for lower costs and carbon emissions". The startup is focused on reducing both the cost and environmental impact of wastewater treatment by deploying hydrogen-powered technology, which not only treats water but also produces electricity.
The dual benefit of lowering pollution especially resonates with the pressing challenge of water insecurity faced by two billion individuals globally. By integrating hydrogen instead of pollution-heavy electricity in their processes, Maygia is poised to capitalize on emerging business opportunities in the sector.
In its nascent stage, the company received its last Pre Seed Round investment from Techstars and the Stockholm Techstars Accelerator on 03 October 2022. Positioned at the intersection of Design, Manufacturing, and Waste Solution industries, Maygia is a startup worth watching as it addresses key environmental and resource challenges.