Fajer Mushtaq
Co-Founder & CEO at Oxyle
Co-founder and CEO of Oxyle, the ETH Zürich spin-out that destroys PFAS "forever chemicals" in water using the energy the water is already wasting.
Compiled by Antoine Walter - from insight gathered on and off his (don’t) Waste Water microphone!
Fajer Mushtaq is the co-founder and CEO of Oxyle, the Swiss deep-tech company that doesn't just trap PFAS "forever chemicals" but destroys them, using the mechanical energy already moving through water (the flow, the bubbling, the vibration) to power a catalyst that breaks them down to harmless minerals. She spun Oxyle out of ETH Zürich in 2020 and has raised $19 million to date.
Fajer Mushtaq did not arrive in water the obvious way. She started in electrical engineering at Aston University in the UK, spent a year in industry, and then moved to ETH Zürich in Switzerland for a master’s and a PhD in micro- and nanotechnology, which is the science of building materials and machines at a scale far too small to see. Her doctorate was about using those tiny-engineered materials to clean water, and one of them turned out to do something unusual: when you activated it mechanically, by shaking or vibrating it, it generated the kind of reactive chemistry that tears pollutants apart. That was the spark of Oxyle.
Here is why that matters. PFAS, the “forever chemicals” you have heard about in non-stick pans, firefighting foam and a worrying amount of drinking water, are built around carbon-fluorine bonds, which are close to the most stubborn bond in all of chemistry. That stubbornness is the whole problem, and it is why most water treatment today does not actually get rid of PFAS. It just moves them, filtering the chemicals out of the water and onto a spent filter or into a concentrated brine that somebody still has to truck away and store. Oxyle’s pitch, in Fajer’s words, is to break the bond instead of just relocating it, down to parts-per-trillion levels, without leaving a toxic sludge behind.
And the clever part is where the energy comes from. Destroying a molecule that tough normally takes a lot of power, so the usual knock on “destruction” technologies is that they are too expensive to run. Oxyle’s reactors harvest the mechanical energy that is already there in any water system, the flow, the turbulence, the bubbling and vibration of water moving through pipes, and use it to drive the catalyst. The pollutant pays for its own destruction, more or less, which is what keeps the operating cost in a range an industrial customer will actually sign up for.
Regulators are now forcing the question. In April 2024 the US EPA set its first national drinking-water limit for two of these compounds at 4 parts per trillion, and that number is genuinely hard to picture, so here is the scale of it: four parts per trillion is roughly four drops spread across a thousand Olympic swimming pools. When the legal limit is four drops in a thousand pools, “capture it and store it somewhere” starts to look like deferring the bill rather than paying it, and that is the shift Oxyle is built for.
The market has been coming round to that view. Oxyle has raised $19 million so far, a $3 million seed in 2022 and a $16 million Series A in early 2025 led by 360 Capital, which for a hardware company in the business of destroying molecules is real conviction rather than a cheap option on a trend. And my favourite detail of how the first money actually showed up tells you something about how Fajer operates, because the lead investor on the pre-seed never got a pitch:
“When we got the term sheet from our lead investor for the pre-seed, we were not fundraising. They just came for coffee. We were known to have good coffee in the market. And the next day, we got the term sheet.”
She is, in short, a scientist who can sell: the rare deep-tech founder who can hold the chemistry and the cap table in the same conversation, which is most of why Oxyle has moved as fast as it has.
On (don’t) Waste Water
The two times Fajer Mushtaq was a guest on the show:
The company
Frequently asked
- Who is Fajer Mushtaq?
- Fajer Mushtaq is the co-founder and CEO of Oxyle, a Swiss water-tech company she spun out of ETH Zürich in 2020. A nanotechnology PhD, she built Oxyle to destroy PFAS “forever chemicals” in water rather than just filter them out, and has raised $19 million to scale it.
- What is Oxyle, and what does it do?
- Oxyle is a Zürich-based deep-tech company that destroys PFAS and other persistent micropollutants in water. Its modular reactors use a nanoporous catalyst, powered by the mechanical energy already in the water (flow, bubbles, vibration), to break those chemicals down to harmless minerals at parts-per-trillion levels, without producing toxic sludge.
- How did Fajer Mushtaq end up founding a PFAS company?
- Fajer Mushtaq trained as an electrical engineer at Aston University, then earned a PhD in micro- and nanotechnology at ETH Zürich, working on engineered materials to clean water. One material destroyed pollutants when mechanically activated, and that discovery became Oxyle, which she co-founded with Silvan Staufert in 2020.
- How much funding has Oxyle raised?
- Oxyle has raised about $19 million to date: a $3 million seed round in 2022 led by Founderful, and a $16 million Series A in January 2025 led by 360 Capital. The funding backs the commercial rollout of its PFAS-destroying reactors to industrial and municipal water customers.
- Where is Fajer Mushtaq based, and where can I hear her?
- Fajer Mushtaq is based in Zürich, Switzerland, where Oxyle is headquartered. She has been a guest on the (don’t) Waste Water podcast twice, in 2020 and again in 2024 on “How Oxyle Destroys PFAS with the Energy You’d Actually Waste”; both episodes are linked above to listen or watch.

