The round was led by Circularity Capital, with participation from institutional and private co-investors including Stellar Impact.
Cerafiltec will use the funds to drive further internationalisation. The additional funding will also be used for new product development activity and to support the growth and development of the Cerafiltec team.
Founded in 2016 and headquartered in Saarbruecken, Germany, Cerafiltec specialises in ceramic membrane technology. With more than 110 project references in 35 countries worldwide, the company’s solutions are used for the treatment of drinking water, as well as wastewater for re-use, desalination and industrial applications.
“Today’s water industry sees only a fraction of wastewater being reused due to challenges including cost, energy intensity and the ability to adequately filter out pollutants,” says Kay Gunther Gabriel, founder of Cerafiltec. “Ultrafiltration is an essential technology to improve water re-use and provide access to clean water globally. Our proprietary ceramic flat sheet membrane module is an agile solution and one that continues to disrupt the industry.”