Tech Company Financing Transactions

Membrion Funding Round

PureTerra Ventures, FreeFlow and GiantLeap Capital participated in a $7 million Series B funding round for Membrion. The round was announced by the company on 1/18/2023.

Transaction Overview

Company Name
Announced On
1/18/2023
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series B
Investors

PureTerra Ventures (Lead Investor) (Nic Pannekeet)

FreeFlow

GiantLeap Capital (Himanshu Sekhar)

Safar & Partners

Proceeds Purpose
The company intends to use the funds to augment manufacturing capacity to meet future customer demand, expand the existing team with key commercial and operations specialists and add to the IP portfolio family.

Company Information

Company Status
Private & Independent
Industry
Clean Tech
Mailing Address
3257 17th Ave. W Bldg. 3
Seattle, WA 98119
USA
Email Address
Overview
Membrion is a Seattle-based company commercializing a new membrane technology developed at the University of Washington. High performance membranes are critical and expensive components of many technologies such as electrodialysis water desalination, redox flow batteries and pharmaceutical purification.
Profile
Membrion LinkedIn Company Profile
Social Media
Membrion Company Twitter Account
Company News
Membrion News
Facebook
Membrion on Facebook
YouTube
Membrion on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Gregory Newbloom
  Gregory Newbloom LinkedIn Profile  Gregory Newbloom Twitter Account  Gregory Newbloom News  Gregory Newbloom on Facebook
Chief Operating Officer
Phillip Pickett
  Phillip Pickett LinkedIn Profile  Phillip Pickett Twitter Account  Phillip Pickett News  Phillip Pickett on Facebook
VP - Manufacturing
Mark Lazzaro
  Mark Lazzaro LinkedIn Profile  Mark Lazzaro Twitter Account  Mark Lazzaro News  Mark Lazzaro on Facebook
VP - Sales
Scott Heffner
  Scott Heffner LinkedIn Profile  Scott Heffner Twitter Account  Scott Heffner News  Scott Heffner on Facebook


 

 

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About Our Venture Capital Transactions Database

Our team works diligently to report on funding rounds that are announced publicly. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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