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Osmoses Raises $3 Million In Pre-Seed Funding To Develop Membrane Technology To Separate Smallest And Most Valuable Gas Molecules To Eliminate Energy Waste And Reduce Co2 Emissions

Nov 04, 2021over 3 years ago

Amount Raised

$3 Million

Round Type

pre-seed

Cambridge

Description

Osmoses, the developer of a novel membrane technology for gas separations, today announced it has raised a $3 million pre-seed funding round, led by The Engine, the venture firm spun out of MIT that invests in early-stage Tough Tech companies. Fine Structure Ventures (FSV), a venture capital fund affiliated with FMR LLC, the parent company of Fidelity Investments, also participated in the round, alongside Orbia Ventures, Little Green Bamboo, and notable individual investors, including Stuart Levinson and Adrian Pylypec. This capital will be used to fuel rapid growth through hiring talent, platform development and manufacturing. It will also support initial commercial partnerships, accelerating Osmoses’ mission to eliminate energy waste with efficient separation technology, reducing production costs and CO2 emissions.

Company Information

Company

Osmoses

Location

Cambridge, Maryland, United States

About

Osmoses is developing and scaling a novel membrane technology for industrial gas separations. Founded in 2021 and spun out of MIT, the company is delivering a membrane platform technology with unprecedented performance for a number of gas separation applications to help eliminate the energy waste of industrial separation processes and lower CO2 emissions. Find Osmoses online: https://osmoses.com/

FundzWatch™ Score

78
Medium Activity

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