ZwitterCo today announced that it has closed its Series Seed financing of $5.9 million to scale its water treatment and advanced separations solutions. The funding round was led by global filtration and separations technologies leader Mann+Hummel Corporate Ventures in collaboration with R-Cubed Capital Partners, and with additional support from Burnt Island Ventures and individual investors.
News & Perspectives
"The focus of the grant is to accelerate the development and commercialization of innovative treatment technologies that will transform the energy sector’s produced water from an environmentally hazardous waste to a recoverable resource..."
"Rappaport is spearheading a way to reduce that waste through his new company, ZwitterCo, which uses technology developed by Tufts chemical and biological engineering assistant professor Ayse Asatekin to create a revolutionary membrane-based..."
"ZwitterCo, a Boston-based startup created in 2018, is using nanofiltration membranes...to provide separation for contaminants in wastewater... Companies that have a lot of wastewater usually put the water in large tanks and truck them away..."
"This project under the direction of Christopher Drover, Ayse Asatekin is entitled: Extremely fouling resistant nanofiltration membranes treating organic-rich wastewater... This grant is awarded pursuant to the authority of the National Science Foundation..."
"Imagine H2O has selected the next group of outstanding water companies for the 2019 accelerator... ZwitterCo (Somerville, Ma - USA) Removing organics from industrial wastewater is an operator's biggest daily challenge. Although today's membranes..."
"MassCEC made a total of seven $65,000 awards, two of which have a water innovation focus, to the following Massachusetts innovators: ZwitterCo (Cambridge) aims to commercialize a new, zwitterion-based membrane technology..."
"Tufts-affiliated companies ZwitterCo and Ginger Time were the joint winners in the General/High-Tech track. ZwitterCo, which markets itself as a company that produces nanofiltration membranes to improve water recycling..."