Active Membranes Secures Seed Funding To Develop Tech For Large-Scale Desalination Projects
Summary
This funding round includes investments from Natural Ventures, Echo River Capital, and Pacifica Water Solutions, one of Active Membranes co-founders.This investment will facilitate Actives further corporate growth, technology scale-up, and commercialization, and the execution of several extended field pilot tests all of which are co-funded by various US federal and state government agencies.Active Membranes takes a new and entirely different approach to desalination membrane technology. We greatly appreciate the confidence that our investors have placed in us and also recognize that their experience brings a significant value to our company that goes far beyond the infusion of capital.Not only can our membranes be used in large scale desalination projects and in commercial plants; they can also be used in point-of-use/point-of-entry systems in the household or office to produce clean potable water.Natural Ventures is thrilled to announce its investment in Active Membranes, a pioneering company in the field of desalination technology. As the global demand for freshwater continues to rise, especially in regions heavily reliant on desalination, the need to reduce both the economic and environmental costs of this vital process becomes increasingly urgent. This investment underscores Natural Ventures commitment to supporting innovative solutions that address critical challenges in water resource management and sustainability. Actives unique electrically conducting coating will reduce the costs of water desalination among the existing installed base of reverse osmosis plants around the world.