introduction

Imagine a synthetic industrial chemical so pervasive it is found globally, so persistent it never breaks down, so insidious it is found in the water we drink, and so dangerous it can cause significant health problems.

These manmade “forever chemicals,” per-and polyfluoroalkyl substances (PFAS) have been used in industrial and consumer products since the 1940s. They are found in products like nonstick cookware, water-repellent clothing, stain resistant fabrics, carpets, cosmetics, and firefighting foams. They do not break down, are bioaccumulative, and found in the environment (air, water, soil) and living organisms (fish, wildlife, and even the human body).

Peer reviewed, scientific studies have shown how PFAS exposure can result in adverse health outcomes such as decreased fertility, developmental delays, increased cancer risk, obesity, reduced immune response, and hormone deregulation. PFAS are widespread and persistent and found in: 83% of American waterways sampled and the blood of up to 97% of Americans. There are 57,000 contaminated sites in the United States leaving over 133 million people exposed to PFAS through their water supplies.

These forever chemicals pose a daunting global threat as conventional methods have proven ineffective or too costly. Regulation, liability, and health concerns are driving implementation of new treatment systems to address PFAS. Our innovative approach is designed to eliminate toxic forever chemicals with cutting edge materials science in an inexpensive, environmentally friendly, and scalable system.

We invite you to join our mission to make the world a safer, healthier place.

problem

The PFAS problem is complex, with widespread contamination of the environment and health impacts. While the dangers were known for decades, the full extent of the problem only recently became clear. In particular, concerns center upon drinking water contamination and exposure in the workplace and through consumer products.

PFAS have been largely unregulated for the past 75 years, but significant federal, state, and local regulations are emerging. In March 2023, the Environmental Protection Agency (EPA) proposed the National Primary Drinking Water Regulation (NPDWR) to create legally enforceable Maximum Contaminant Levers (MCLs) of PFAS in drinking water. This regulation would require the monitoring of public water systems, notify consumers of PFAS levels, and require remediation when necessary. Since 2005, more than 6,000 PFAS related lawsuits have been filed and billions of dollars in settlements rewarded for the monitoring, cleanup, and supply of PFAS free water. In addition to the lack of regulation, additional barriers include high remediation costs, thousands of PFAS types, environmental impacts, and the lack of a scalable solution.

At Invicta Water, we believe we are the solution!

solution

At Invicta Water, our technology removes and destroys PFAS in an economical, safe, and environmentally friendly manner that no other method or company can match. Our state-of-the-art catalytic crystals capture PFAS molecules and are combined with UV energy to catalytically destroy the PFAS. The PFAS molecules are destroyed in place resulting in significantly smaller sized systems, virtually no waste stream, and lower up-front capital and annual operating expenses.

What: Invicta Water extracts and destroys toxic PFAS (aka "forever chemicals") from global water supplies.

How: This staged system provides a continuous clean water flow while destroying the PFAS and eliminating the hazardous waste.

The 3 Stages:

1. Stripping – The incoming water is separated into two streams. A Waste Stream (10% of the total water volume) containing all of the PFAS is stripped from the water and sent to Stage 2 of the process. The rest of the PFAS free water (90% of the total water volume) is released into the Clean Stream.

2. Enrichment – The incoming Waste Stream is again separated into two streams - a Water Return Stream and an Enriched Waste Stream. The PFAS in the Waste Stream is concentrated to form the Enriched Waste Stream that reduces the contaminated water volume by another 90%. The Enriched Waste Stream is transferred to Stage 3 and the remaining water, now PFAS free, is returned to Stage 1.

3. Destruction – In the final stage, the PFAS molecules are destroyed, and the water is returned to Stage 2.

This graph demonstrates how quickly PFAS is destroyed using the Invicta Water process. At time zero, the PFAS concentration is at a maximum, and after time the concentration goes to zero.
"Boron Nitride NanoBarbs have remarkable potential for water treatment in both residential and commercial applications based on their high surface area and photoactivity."
– Dr. Justin Clar
Elon University

business model

Invicta Water’s mission is to eliminate PFAS in water by providing solutions to municipal drinking water and wastewater systems, industrial facilities, ground and surface water remediation locations, and small facility and home use. Invicta Water solutions are easy to specify, implement, and operate; very cost effective; require a minimal footprint; and use minimal energy.

Invicta Water installs and maintains water systems designed to remove and destroy PFAS in an economical, safe, and environmentally friendly manner. Our modular solutions are designed to enable fast selection, purchase, and installation and are configurable to meet any water capacity demands and physical area requirements.

Invicta Water is targeting engagement areas:

  • Significantly impacted by high PFAS contamination levels
  • Under current or pending litigation
  • Requiring mandated remediation

Initial Product Lines:

  • Municipality wastewater and drinking water
  • Industrial and manufacturing waste streams

Product Roadmap:

  • Mobile remediation
  • In-home use (well water and point-of-use filters)

market

The US market opportunity for PFAS removal from water is emergent and in excess of $290 billion. The US generates approximately 34 billion gallons/day of wastewater and consumes another 30 billion gallons/day of drinking water, likely containing PFAS compounds. Industrial sites with wastewater permits release another 49 billion gallons/day. EPA studies of the PFAS issue determined tight limits are required. Starting with drinking water, they have proposed limits of 4 parts per trillion for four PFAS compounds. Additional regulations on publicly owned and industrial wastewater treatment systems are imminent.

Settlements from manufacturers, in the billions of dollars, are funding water treatment systems for some of the most contaminated locations with more lawsuits pending. Many communities, weighing the effects on health, are moving forward with their own funding.

"We are actively researching the use of boron nitride NanoBarbs for PFAS remediation. Preliminary results have shown that these NanoBarbs hold tremendous potential in this regard. We are currently engaged in incorporating NanoBarbs into porous membranes for the development of next-generation PFAS remediation technology. This technology is of great interest, and we are committed to advancing its development."
– Dr. Joseph Estevez, Physicist and Material Science Researcher
U.S. Naval Air Command, Ridgecrest, CA

team

Leadership Team

Steve Wilcenski
CEO
For over 20 years, Steve has been an active member of teams designing and developing technologies and products on the micro and nano-scale. Many of these products have enabled disruptive technologies for markets, including Defense, Aerospace, Biomedical, Automotive, Communications, and Consumer Electronics. Before co-founding BNNano, Steve was the President and General Manager for the MEMS Business Unit of MEMSCAP, SA. Steve earned a B.S. in Material Science and Engineering from North Carolina State University, an M.S. in Chemistry from Clemson University, and an MBA from North Carolina State University.
Jason Taylor
COO
Jason began his career as a Process Development Engineer, working to identify critical factors and optimize multilayer GaN epitaxy for LED products initially introduced in the dashboards of cars, cellphones, and video screens. Working directly with customers and internal R&D groups, Taylor helped to develop innovative ways to address market opportunities creating ten patents along the way. During this time, Jason began looking for new materials that could lead to the "next" revolution; he found Boron Nitride Nanotubes. Jason earned a B.S. and M.S. in Materials Science and Engineering from Virginia Tech.
Ted Kalmbach
CSO
Ted began his career as a strategy consultant for Accenture in Munich and Berlin, focused on the automotive/energy sectors. He joined the Institute for Defense Analyses in 2004, supporting the Pentagon's counter-insurgency strategy, then transitioned to the U.S. Department of State in 2006, serving as a diplomat in Afghanistan, the Philippines, and Austria. Ted graduated from Boston College with a B.A. in International Affairs and completed a Fulbright Scholarship in Duesseldorf, where he analyzed the German and Chinese energy markets. Ted later earned a M.A. from Johns Hopkins in National Security Strategy.

Advisory Team

David Sinz
Advisor
As President and Founder of Infinity MEP Consultants, David brings his passion for engineering to every project. His experience encompasses the design and construction of buildings all over the world – from Dubai to Brazil and across the United States. This environmental diversity, as well as working with different nationalities and uniquely talented people, has allowed him to flourish in building design, pushing through the boundaries of engineering. He is recognized as a leader in his industry, as a result of his love for engineering and truly understanding its integration into architecture.
Clinton Britt
Advisor
President of Grove Climate Group, LLC, which he founded in January 2021. He has nearly 15 years of public policy experience at the federal and state levels. Most recently, Clinton spent 12 years working for Congressman Paul D. Tonko (NY-20), including the past 8 as his Chief of Staff.

Clinton received his MA in Government from Johns Hopkins University, where he earned an honors designation for his thesis, and his BA in Political Science from New York University. Clinton lives in North Carolina with his wife and daughter.
Rob Glass
Advisor
Rob has over 30 years of experience working with advanced materials in crystal growth, non-destructive evaluation, and interface chemistry. Rob spent 25 years with Cree, Inc. helping the semiconductor and device manufacturer grow from a startup of 60 people with approximately $10M in revenue to a global leader with over 6,000 employees and an annual revenue over $1.5B.

He is a co-author on over 50 publications and co-inventor on 11 U.S. patents. Rob received a B.S. in Engineering, Science and Mechanics from Virginia Tech, a M.S. in Materials Science and Engineering from the University of Virginia and his Doctorate from North Carolina State University.

Use of Proceeds


If the offering's maximum amount of $400,000 is raised:

UseValue% of Proceeds
Capital Equipment$100,00025.0%
Engineering Design and Development$120,00030.0%
Sales and Marketing$60,00015.0%
Administrative$60,00015.0%
Intellectual Property$20,4005.1%
Legal$20,0005.0%
Intermediary fees$19,6004.9%

Terms

This is an offering of Common Stock, under registration exemption 4(a)(6), in Invicta Water, Inc.. This offering must raise at least $10,000 by November 29, 2023 at 11:59pm ET. If this offering doesn’t reach its target, then your money will be refunded. Invicta Water may issue additional securities to raise up to $400,000, the offering’s maximum.

If the offering is successful at raising the maximum amount, then the company’s implied valuation after the offering (sometimes called its post-money valuation) will be:

5,400,000 shares
×
$1 per share
$5,400,000implied valuation

Financials

These financial statements have been reviewed by an independent Certified Public Accountant.

SEC Filings

The Offering Statement is a formal description of the company and this transaction. It’s filed with the SEC to comply with the requirements of exemption 4(a)(6) of the Securities Act of 1933.

We’re also required to share links to each of the SEC filings related to this offering with investors.

Understand the Risks

Be sure to understand the risks of this type of investment. No regulatory body (not the SEC, not any state regulator) has passed upon the merits of or given its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials or information posted herein. That’s typical for Regulation CF offerings like this one.

Neither Netcapital nor any of its directors, officers, employees, representatives, affiliates, or agents shall have any liability whatsoever arising from any error or incompleteness of fact or opinion in, or lack of care in the preparation or publication of, the materials and communication herein or the terms or valuation of any securities offering.

The information contained herein includes forward-looking statements. These statements relate to future events or to future financial performance, and involve known and unknown risks, uncertainties, and other factors, that may cause actual results to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond the company’s control and which could, and likely will, materially affect actual results, levels of activity, performance, or achievements. Any forward-looking statement reflects the current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. No obligation exists to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

More Info

Updates

  • Sep 19, 2023
  • Sep 6, 2023
    Invicta Water has an All-Star team of Advisors...

    Invicta Water has an All-Star team of Advisors working behind the scenes. Clinton Britt, Founder and President of Grove Climate Group is one of them.

    Clinton was the former Chief of Staff for US Representative (New York) Paul Tonko. When Clinton was in that role, he was one of the authors of a PFAS Bill that was written to help regulate PFAS. When he was working in Washington, D.C. he helped lead the charge for clean water in the US.

    Now, Invicta Water, has the privilege to have him as part of our team. He shared some thoughts on current and future PFAS regulations and actions.

    Watch the video
  • Sep 5, 2023
    We wanted to share a recorded video for those...

    We wanted to share a recorded video for those of you that were not able to attend the event. Thank you for all the good questions during the Fireside Chat.

    There has been a lot of progress since the event so keep an eye out for more updates!

    Watch the video
  • Aug 23, 2023
    Hello, Tune in tomorrow (8/24) at 3:00pm EDT...

    Hello,

    Tune in tomorrow (8/24) at 3:00pm EDT as Steve Wilcenski, Co-Founder of Invicta Water, embarks on an enlightening exchange with the dynamic Eric from Netcapital.

    Our discussion will be a journey into the heart of our cutting-edge technology, hear up to the minute updates on our progress to tackle the colossal enigma known as the global PFAS challenge.

    But this isn’t a monologue; it’s an invitation for questions from the Crowd. We’re answering your questions during a Q&A session. Whether you’re a front-row participant or a behind-the-scenes question-weaver, your curiosity takes center stage. Drop us an email at info@invictawater.com if you can’t make it in person.

    After the live event, the recorded conversation will be accessible through a shared link. So, join us in a conversation that will be more than just information, but a discussion about our commitment to end the PFAS challenge forever.

    Click the link to register and attend
  • Aug 21, 2023
    Are you ready for a Water Filter to remove PFAS...

    Are you ready for a Water Filter to remove PFAS at your home? This is the type of filter that we are all used to seeing in pitchers that filter our tap water.

    We have made significant progress in the development of a PFAS Water Filter that can be used in our homes.

    Our first working prototype is being tested as we speak!

    Check out the video.IW pitcher filter.png
  • Aug 17, 2023
    There have been a lot of questions about...

    There have been a lot of questions about developing a filter for consumer use that removes PFAS and we wanted to give you a bit of an update. There has been significant progress on this development in the last couple of weeks. These filters are the types that we use every day in pitches and water bottles.

    Invicta Water is working with our partner TruSpin Nanomaterials Innovations to develop filter materials that can be used in PFAS Filters for consumers.

    Robert from TruSpin took the time to describe how Invicta Water and TruSpin are working together to get this done.

    Watch the video
  • Aug 15, 2023
    Nano-magazine.com published an interesting...

    Nano-magazine.com published an interesting article about “Filtering the Water of Tomorrow with Advanced Nanomaterials”, and they highlighted Invicta Water as a “most recent development”. We are excited to be turning some heads our way as news of our technology is proliferating!

    Read the Article
  • Aug 14, 2023
    Analyzing water samples for PFAS is complex and...

    Analyzing water samples for PFAS is complex and requires sophisticated equipment. We wanted to show you how this is done in one of the labs that we work with.

    Watch the video
  • Aug 10, 2023
    We had the pleasure to present at the Demo Day...

    We had the pleasure to present at the Demo Day last week. If you did not get a chance to watch live, here is a recording of the presentation and the Q & A session.

    Watch the video
  • Aug 1, 2023
    The Invicta Water team is constantly working to...

    The Invicta Water team is constantly working to improve our technology and our latest developments increase the rate that we destroy PFAS and this translates into lower costs. Invicta Water is committed to developing a product line that is as cost effective as it is efficient. We do not want to have any economic barriers hampering the implementation to our solution. The Invicta Water system will only cost Municipalities and Industry users a fraction of a penny per gallon of water.

    Click the link for more details
  • Jul 31, 2023
    Charlotte Angel Connection’s 151st interview...

    Charlotte Angel Connection’s 151st interview was with Co-Founder of Invicta Water and BNNano.

    During the conversation, Steve delves into the fascinating world of nanomaterials, sharing the challenges he faced during the company’s early stages and the strategic approach to expanding their customer base.

    He sheds light on Invitca Water’s groundbreaking work in water purification, revealing how their nanomaterials can remove harmful substances from water sources thus addressing environmental concerns we now face.

    Tune in to the Charlotte Angel Connection’s 151st interview with Steve Wilcenski.

    Listen to the interview
  • Jul 28, 2023
    We continue to make progress and improvements...

    We continue to make progress and improvements as we prepare for our first pilot install.

    Check out this brief video of Invicta Water’s Crystal Photo Catalytic Destruction system in operation.

    Watch the video
  • Jul 26, 2023
    We had a chance to spend some time with Dr....

    We had a chance to spend some time with Dr. Clar from Elon University and talk about how our Boron Nitride materials will capture and destroy PFAS. This is a short video of that conversation.

    Watch the video
  • Jul 18, 2023
    What does it cost to have water free from toxic...

    What does it cost to have water free from toxic PFAS chemicals, to be safe from the risks of the diseases they cause?

    Using current technologies, the cost is very high, over $400 BILLION for the US alone, due to the large infrastructure requirements and the annual cost of hazardous waste transportation and destruction.

    Invicta’s technology provides a modular and scalable solution with on-site destruction, minimizing infrastructure and eliminating hazardous waste transport - making the total cost of PFAS free water a small fraction of current technology.

    read more
  • Jul 17, 2023
    Primary offering of 400,000 shares at $1
  • Jul 17, 2023

Ask a Question

Proofread your comment before submitting: once it's posted, you can’t edit or delete it. For the fastest help with the web site, email help@netcapital.com instead of commenting.

Looking to raise capital?
We can help turn your friends, family and customers into investors.

Learn more

Interested in more investment opportunities?
Browse all offerings currently available.

See more