Water Planet company PolyCera Membranes has completed a US$9 million Series A funding round that will help the company to build out its global manufacturing, R&D and sales capabilities.
Los Angeles-based PolyCera Membranes develops and markets next-generation membrane technology for industrial wastewater treatment and process separation. The Series A funding round was led by Kairos Ventures with follow on capital provided by Bluestem Capital and the Wolfen Group – two of PolyCera’s existing investors through Water Planet.
“Completion of the Series A funding round is an important step forward for PolyCera, creating a solid foundation on which to continue our dynamic growth. In addition to making important strategic investments in top-tier industry talent aimed at accelerating sales, we will use the funds to invest in manufacturing capabilities near our headquarters in Southern California and fast-track development and commercialization of our nanofiltration and reverse osmosis products,” said Simon Marshall, CEO of PolyCera Membranes.
PolyCera Membranes has more than 80 installations up and running on three continents as well as 27 live trials on six continents in various stages of completion.