Puraffinity, The Pfas Removal Specialist, Raises $13.9M In Series A Funding Led By Octopus Ventures
09/11/23, 9:59 AM
Location
Money raised
$13.9 million
Industry
environmental services
Round Type
series a
Puraffinity, which develops precision technology for the removal of PFAS ‘forever chemicals’ across multiple water treatment applications, has raised $13.9m in Series A funding. The round was led by Octopus Ventures, with participation from existing investors Kindred Capital, HG Ventures, Verve Ventures and Acequia Capital. Materials science sector specialist fund Universal Materials Incubator Co (UMI) also joined the round.
Company Info
Location
london, england, united kingdom
Additional Info
Puraffinity is a spinout company from Imperial College London that specialises in designing and manufacturing novel advanced materials for environmental benefit, such as removing harmful pollutants from water and wastewater. Focusing initially on PFAS removal, Puraffinity has developed an innovative adsorbent media allowing an easily deployable solution for addressing PFAS compliance. In addition, the solution is highly cost effective, providing an attractive Return On Investment for customers, and reduced life-cycle costs.