The company expects to continues to expand the technologies for harsh industrial wastewater treatment.
WD News: Membrion, a ceramic desalination membrane manufacturer that enables recovery of up to 98% of water in harsh environments, has announced a $7M Series B funding round led by PureTerra Ventures, with participation from Safar Partners, GiantLeap Capital, Freeflow, and existing investors.
Nic Pannekeet, Managing Partner of PureTerra Ventures, and Himanshu Sekhar, Co-founder and Managing Partner of GiantLeap Capital will join Membrion’s Board of Directors.
Membrion was founded in 2016 specifically to address the challenges in industrial wastewater where the only method of dealing with these hard-to-treat discharges was trucking. Membrion CeramIX® desalination membranes offer a cost-effective on-site option for removal of problematic metals, minerals, and salts, and help industry to achieve its zero discharge aspirations.
“It’s mind boggling to me that we still pump wastewater onto trucks and drive it somewhere else to be treated. We’re seeing pilot projects convert to full commercial installations, which makes the more sustainable option, treating water on-site, an economically attractive reality. It’s exciting,” Greg Newbloom, CEO and Co-founder of Membrion said in a statement. “This Series B investment helps to solidify our vision of phasing out inefficient legacy water treatment processes.”
“Membrion brings to the market a membrane technology like no other we have seen, and we have seen a lot,” said Nic Pannekeet, a Partner at PureTerra. “Greg and his team have put a twist on the traditional EDR build by the inclusion of ceramic which opens a much wider field of application.”
“Membrion brings an solution for critical water infrastructure with diverse applicability across a number of sectors,” Himanshu Sekhar, Managing Partner at GiantLeap further added.
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