SEATTLE, WA, Electro-desalination membrane manufacturer, Membrion today announced the completion of their Series B funding round, raising a round total of $12.5 million dollars.
The second close of 5.5 million dollars is anchored by Samsung Venture Investment Corporation and Lam Capital. They are joined by Indico Capital Partners, Harvard Business School New York Alumni Angel Group, New York Angels, and GiantLeap Capital.
Membrion manufactures ceramic desalination membranes that can recover up to 98% of water in the harshest conditions. Membrion's flexible, electro-ceramic desalination membranes yield endless possibilities for water recovery, allowing manufacturers to recycle water at previously inaccessible pH ranges and with challenging trace chemicals. The membranes that Membrion creates are low fouling, require less cleaning, are oxidizer resistant, have ultra-low pH stability, and are economical.
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