MediSun Energy raised $8.75M in a seed round led by Vynn Capital to drive MENA expansion and advance osmotic energy innovation.

Nov 25, 2024•8 months ago

Amount Raised

$8.75 Million

Round Type

seed

SingaporeRenewable EnergyEnergy

Investors

Ciri VenturesTnb AuraFrank PhuanMoaj HoldingVynn Capital

Description

MediSun Energy has secured $8.75 million in a Seed financing round, led by Vynn Capital, to enhance its presence in the MENA region and advance its osmotic energy technology. The funding includes $5 million in venture debt and $3.75 million in equity financing, raising the company's valuation to $44 million.

Company Information

Company

MediSun Energy

Location

Singapore, Southeast Asia, Singapore

About

MediSun Energy is a Singapore-headquartered company that specializes in advanced osmotic (blue) energy technology. The company focuses on developing innovative solutions to provide clean and green energy while contributing to a sustainable future. MediSun aims to expand its operations into the MENA region and enhance its research and development capabilities. Its zero-brine technology is designed to address water supply chain issues and support net-zero carbon goals.

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