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Membrion Series B round closes at $12.5M

Press Release Electro-desalination membrane manufacturer, Membrion today announced the completion of their Series B funding round, raising a round total of 12.5 million dollars. The second close of 5.5 million dollars is anchored by Samsung Venture Investment Corporation…
Susan Fortner Greg Newbloom Kevin Chen Lam Research Samsung Venture Investment Corporation Samsung Ventures Investment Team

Wanted: Investors prepared to take the plunge into water tech

In 2018, when Cape Town residents stared into the abyss of the taps running dry, there was talk of towing an iceberg from Antarctica to provide much-needed water. Thankfully, entrepreneurs are coming up with less outlandish ideas to help tackle the global crisis of shrinking supplies of freshwater, which deprives more than 2 billion people of access to safe drinking water and threatens our planetโ€™s life-support system.
Nairobi Area Cape Town Western Cape South Africa New York United States

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