$7M Raised In Series B By Membrion- A Startup Building Ceramic Membranes for Wastewater Treatments
Membrion, a Seattle-based startup, has raised $7 million in its Series B funding round to continue developing its innovative ceramic membranes for wastewater treatment applications.
PureTerra Ventures led the $7 million Series B funding round, which also included Safar Partners, GiantLeap Capital, Freeflow, and previous backers. The boards of directors of Membrion will now include Nic Pannekeet, managing partner of PureTerra Ventures, and Himanshu Sekhar, co-founder and managing partner of GiantLeap Capital.
This is a significant achievement for Membrion, as it not only shows investor confidence in the startup but also highlights the importance of innovative solutions to address pressing challenges such as wastewater treatment. The unique architecture of Membrion's ceramic membranes allows for greater durability, improved selectivity, and higher throughput, making them an ideal solution for wastewater treatment.
About Membrion
Membrion is a Seattle-based startup that is working to increase the effectiveness and efficiency of wastewater treatment by developing ceramic membranes that can filter out impurities and contaminants from wastewater, allowing it to be reused for various purposes, including irrigation, industrial processes, and even drinking water.
- The longevity and endurance of Membrion's ceramic membranes as compared to more conventional polymer-based membranes is one of their main benefits. There is less of a need for regular replacements because they can survive harsh chemical and heat environments and do not degrade over time.
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Research from the University of Washington served as the foundation for Membrion's technology, and the firm has received support from a number of organizations, including the National Science Foundation and the Bill & Melinda Gates Foundation.
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Membrion's ceramic membranes have potential uses beyond wastewater treatment in fields like biology and pharmaceuticals where high-purity separations are required.
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Membrion, which was founded in 2016 and emerged from the University of Washington, intends to solve a problem in wastewater treatment where current options force businesses to truck water away rather than treat it there and then.
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It sells ceramic desalinization membranes that can be used to treat toxic runoff from industrial operations, eliminating salt and heavy metals like lead, mercury, arsenic, and copper.
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The more sustainable solution, on-site water treatment, is becoming a financially viable reality as pilot programmes expand into full commercial installations.
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A ceramic desalination membranes allows for the recovery of up to 98% of water in challenging conditions,
Membrion's Founder
Greg Newbloom is the co-founder and CEO of Membrion. By using ceramic, Greg and his talented team have given the conventional EDR build a twist, broadening its scope of use. They are eager to assist this special technology in realising its potential.
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Greg is a fantastic leader. After years of research into filtering technologies for use in fuel cells and water desalination systems, Newbloom formed the business. COO Philip Pickett, a seasoned executive with venture-backed power infrastructure and renewable energy businesses, joins him.
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With training in materials science and engineering, Newbloom previously held a research position at the University of Washington, where he contributed to the creation of the technology that would later serve as the foundation for Membrion's ceramic membranes.
Membrions Funds And Its Backers
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Prior to adding an extra $3 million in September, Membrion had already raised $6 million in its oversubscribed Series A round, which concluded in March 2020. Additionally, it received $3 million in non-dilutive awards.
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Previous investors of Membrion include Bellingham Angel Investors, WRF Capital, SeaChange Fund, University of Washington, Amazon, National Science Foundation, and Murdock Charitable Trust.
Its Customers
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The company's principal clients are Fortune 100 companies with U.S. operations in the microelectronics, automotive, food and beverage, and oil and gas industries.
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These companies often use a lot of water, therefore Membrion's ceramic membranes help them manage their water stewardship better.
About Pure Terra Ventures
Pure Terra Ventures is a Canadian business that specialises in offering eco-friendly and cutting-edge approaches to water management, treatment, and conservation. The business is focused on providing environmentally friendly solutions and services to address worldwide concerns with water scarcity and water quality.
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Among the many services offered by Pure Terra Ventures are the development and implementation of cutting-edge water treatment systems for commercial, agricultural, and municipal uses.
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These companies use a variety of technologies, such as membrane filtration, reverse osmosis, ultrafiltration, and nanofiltration. Customers who want to use less water, conserve water resources, and follow rules can also get advice services from the business.
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The company's goal is to assist customers manage their water resources sustainably by offering them innovative, high-quality, and affordable solutions. Pure Terra Ventures is dedicated to preserving the environment and fostering social responsibility, and its solutions are created to have the least possible negative effects on the environment while yet providing the best possible value to customers.
Conclusion
Membrion's successful Series B funding round and the potential of its innovative ceramic membranes for wastewater treatment exemplifies the importance of investing in sustainable solutions to address pressing environmental challenges.
We must continue to support and invest in innovative companies like Membrion that are developing sustainable solutions for the benefit of our planet.
