Along with several private entrepreneurs, the Flemish Environmental Holding (Vlaamse Milieuholding, VMH) is investing 1.25 million Euros in fledgling enterprise InOpSys.
InOpSys nv develops innovative solutions for the on-site treatment of complex, toxic waste waters that arise during the pharmaceutical and chemical production processes. The InOpSys concept completely eliminates the transport and incineration of such waste waters. On-site purified water can consequently be recovered from the customer’s production processes and valuable components (metals, phosphates and solvents etc.) extracted and supplied to specialised companies as raw materials. The InOpSys concept offers the pharmaceutical and chemical industry a sustainable, innovative and cost-efficient solution that closes the water cycle and creates a circular economy. InOpSys currently develops these solutions in its in-house lab and subsequently deploys them at the customer site via flexible, modular mobile treatment units.
InOpSys is a KULeuven spin-off company. It was launched in 2015, based on an idea generated within the Fisch/Catalisti spearhead cluster. The Innovation Fund and Gemma Frisius Fund provided the necessary start-up capital. Over the past two years, the InOpSys team has grown from 2 to 7 members, each of whom contributes to the success of this flourishing enterprise with international potential. In May 2017, the first on-site water solution process was implemented at the Janssen Pharmaceutica NV production site in Geel. This project was awarded first prize at the Belgian Business Awards for the Environment in 2018.
Managing Director Steven De Laet: “Circular economy and water cycle closure are the only option for a sustainable future.”
The Vlaamse Milieuholding nv (Flemish Environmental Holding) is a public investment company that participates in environmental sector enterprises deemed strategic by the Flemish government. It also provides venture capital to businesses that are at an early stage of development and accelerating the transition to the circular economy. VMH has a 100% participation in Aquafin, thus fulfilling the Flemish Region’s mandate to support and implement environmental policy.
Minister Joke Schauvliege: “In addition to strategic participations, VMH also provides venture capital to companies that are accelerating the transition to a circular economy.”
VMH exclusively invests in entrepreneurs, companies and other financiers in the form of a minority share in the venture capital round.
Chairman, Frans Dieryck “VMH distinguishes itself by focusing on starters and university or company spin-offs that are in an early phase of development – the valley of death.”
VMH actively pursues projects that an “entrepreneur team” can transform into companies that accelerate the circular economy.