Membrion (Series B)

Funding Details
Awarder
SemiNews
Date Award
June 12, 2024
Vertical
Electro-ceramic desalination membranes
Funding URL
View Funding Page

Company Info
Founding Year
Not provided in the memo
Traction
Membrion has had many successful pilot projects and now has multiple commercial installations coming online that will save each customer hundreds of thousands of dollars per year. They are one of the few sustainable wastewater treatment options that actually lowers facility operating costs.
Organizations Involved
Samsung Ventures, Lam Capital, Indico Capital Partners, Harvard Business School New York Alumni Angel Group, New York Angels, GiantLeap Capital, PureTerra Ventures, Safar Partners, Freeflow Ventures
Founders
Greg Newbloom
Company Description
Membrion is a manufacturer of ultra-low cost, high performance ion exchange membranes.
Market
Industrial and semiconductor wastewater
Location
Seattle, WA, US
Coinvestors
Samsung Ventures, Lam Capital, Indico Capital Partners, Harvard Business School New York Alumni Angel Group, New York Angels, GiantLeap Capital, PureTerra Ventures, Safar Partners, Freeflow Ventures

Links
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