Water treatment co Desalitech raises $6.25m
Published on by Water Network Research, Official research team of The Water Network in Business
Advanced water treatment solutions provider Desalitech Ltd. has raised $6.25 million in a second financing round led by global private equity fund Liberation Capital LLC. The investment will be used for expanding Desalitech's business and working capital. Liberation said that it would also be supporting Desalitech with considerable project finance capital. Desalitech is commercializing next-generation Reverse Osmosis (RO) water treatment solutions. The company claims that its proprietary Closed Circuit Desalination (CCD) technology reduces cost by 20% or more, by reducing energy consumption and capital costs, improving process reliability and flexibility, and reducing the emission of brine waste by raising recovery. The CCD process is capable of achieving high recoveries, even in problematic water sources, and Desalitech says that this can change the economics of a water treatment project dramatically. These proven advantages, Desalitech says, make its solutions alternatives for industrial and municipal water treatment and wastewater reuse applications, and for brackish and sea water desalination.
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