BASF Venture Capital Invests $7.5 million in NanoH2O

BASF Venture Capital, Total Energy Ventures and Keytone Ventures Co-Lead $40 Million Equity Funding to Accelerate the Company’s Commercial Operations and Manufacturing Capabilities EL SEGUNDO, Calif.--(BUSINESS WIRE)-- NanoH2O, Inc., manufacturer of the most efficient and cost effective reverse osmosis (RO) membranes for seawater desalination, today announced that it has closed a $40 million equity round and $20.5 million in credit facilities. NanoH2O’s patented thin-film nanocomposite membrane technology can purify water from a broad range of sources, yielding higher productivity, better water quality or reduced energy consumption over traditional membranes. CONTINUE READING VIA @STREET_INSIDER

RESILIENT MEDIA ENTERTAINMENT

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