Membrion has filed a notice of an exempt offering of securities to raise $10,500,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Membrion is raising $10,500,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Greg Newbloom played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Membrion
Membrion helps to reduce the high cost of treating harsh industrial wastewater sources by up to 90% using a durable ceramic desalination membrane. Were a Seattle-based startup that takes pride in our diverse and adaptive culture. To-date, we’ve raised more $10M from private investors & government grants and have build out a pilot manufacturing facility that is delivering commercial product to meet wastewater treatment market needs.
To learn more about Membrion, visit http://membrion.com/
Contact:
Greg Newbloom, Chief Executive Officer
206-890-7104
https://www.linkedin.com/in/greg-newbloom-ab125458/
SOURCE: http://www.intelligence360.io
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