GEOGRID, a South Korean company specializing in smart water purification solutions for buildings, has secured an undisclosed investment from 500 Global to expand into international markets. This investment will enable GEOGRID to broaden its footprint in Asia and beyond, accelerating the deployment of its next-generation building water purification technology.

GEOGRID’s flagship solution, BLOS (Building Oasis), addresses issues associated with aging water pipelines and enhances water quality to drinkable standards. The technology provides sterilization, and rust and scale removal without the need to replace existing infrastructure, ensuring all taps within a building supply clean water. Additionally, it features real-time data monitoring, allowing continuous oversight and management of water quality and pipeline conditions.

This innovative solution has been proven in various aging buildings and public institutions across Korea, recognized for its contributions to reducing carbon emissions and enhancing energy efficiency. It has now started to attract attention on the global stage.

500 Global, a venture capital firm with investments in over 3,000 startups across more than 80 countries, including North America, the Middle East, South America, Southeast Asia, Africa, and Eastern Europe, has identified over 50 unicorn companies. This funding boosts GEOGRID’s capacity to strengthen its global network and market expansion strategies.

Particularly, GEOGRID is focusing on the Southeast Asian, Middle Eastern, and North American markets, aiming to deliver solutions tailored to the unique water quality issues and regulations of these regions. Recently, GEOGRID marked its first international venture by signing a deal with Indonesia’s PT Dongbang Development, pushing for adoption in large buildings, hotels, and public infrastructure across Southeast Asia.

Furthermore, in the ASEAN market, including Thailand, GEOGRID is developing customized water purification systems that reflect the specific characteristics of local groundwater and municipal water supplies. The company plans to expedite its market expansion based on ongoing demonstration projects.

Eun-hye Shin, Senior Investment Analyst at 500 Global, commented, “GEOGRID holds an innovative solution that merges smart water purification technology with AI-based real-time monitoring. Given the rapid growth of the global water industry driven by aging infrastructure, tougher environmental regulations, and water security concerns due to climate change, GEOGRID’s technology is expected to quickly generate demand in global markets as both government and private sectors ramp up their investments.”

Ki-hyun Kim, CEO of GEOGRID, stated, “This investment from 500 Global provides a significant opportunity for GEOGRID to impact the global water industry. We are committed to enhancing our technology and expanding our market presence abroad, aiming to contribute significantly to solving global water quality challenges.”