Membrion (Series B)
Funding Details
Awarder
SemiNews
Date Award
June 12, 2024
Vertical
Electro-ceramic desalination membranes
Funding Amount
$12,500,000
Company Info
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
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
Company Description

Membrion is a manufacturer of ultra-low cost, high performance ion exchange membranes.