Membrane Filtration Startup Gains $9 Million in Series A Funding
PolyCera® Membranes, which develops and markets next-generation membrane technology for industrial wastewater treatment and process separation, completed a $9 million Series A funding round led by Kairos Ventures, with follow on capital provided by Bluestem Capital and the Wolfen Group – two of PolyCera’s existing investors through Water Planet.
According to the company, their PolyCera membranes—engineered with Nobel Prize-winning chemistry and made of a revolutionary organic metal material—gained immediate market traction, and now has 80 installations on three continents up and running, as well as 27 live trials on six continents in various stages of completion.
The company plans to use the funds to make immediate investments to build out its global manufacturing, R&D, and sales capabilities.
