Advanced Mem-Tech raises US$5 million in capital

Investors in this round are a US group led by Uzi Halevy, and SEB Alliance, Groupe SEB’s corporate venture company.

Advanced Mem-Tech, a portfolio company of Trendlines Agtech, develops membrane filtration processes used in water treatment.

The filtration membranes, characterized by a high flow, separate solids from water during the treatment and purification of wastewater and clean water environmental contamination.

Moshe Kelner, CEO of Advanced Mem-Tech, said: “We’re currently in negotiations to implement and market our technology in a number of relevant applications with various companies from Europe and the US The membranes we developed have real potential to optimize the water purification process and provide clean water while reducing energy consumption and the ecological footprint left by the process on the environment.”