Investors: Led by DCVC with participation from new investors Heritage Group Ventures, Genoa Ventures, and Mott Corporation. And existing investors MANN+HUMMEL Corporate Ventures, Burnt Island Ventures, and R-Cubed Capital Partners also participated in this round.
What the funding will be used for: Expanding the development and production of its revolutionary zwitterionic membrane technology. The Series A funds will enable the company to add applications development, increase its pilot fleet, and build inventory to meet the strong demand for ZwitterCo products. And the funding will also commission ZwitterCo’s state-of-the-art innovation center just north of Boston, accelerating the development of new membrane products based on ZwitterCo chemistry.
- Funding Partnerships
- water funds