Announced

Completed

Pangaea Ventures, PureTerra Ventures, Ecolab, and W. L. Gore & Associates led a $20m Series B1 round in Membrion.

Synopsis

Pangaea Ventures, PureTerra Ventures, a venture capital firms, Ecolab, a global provider of water, hygiene, and energy technologies and services, and W. L. Gore & Associates, a global materials science company, led a $20m Series B1 round in Membrion, a manufacturer of ceramic desalination membranes, with participation from The Lewis Family Office and existing investors Safar Partners, Lam Research, Indico Ventures, Giantleap Capital. “At Gore we are focused on applying material science to have a positive impact on society. Membrion’s ability to efficiently recover wastewater in extreme industrial environments is a natural fit for Gore Ventures. We’re excited to support Membrion in scaling deployments with partners and setting a new standard for resilient, resource-efficient operations,” Ed Rubin, W. L. Gore & Associates Leader of Corporate.

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