ZwitterCo, a wastewater treatment start-up using advanced membrane technology, has raised $33 million in Series A funding to further advance its work, the company said in a press release Thursday.
The news comes after the Massachusetts-based company announced in March 2021 that it had also raised $5.9 million.
ZwitterCo’s system uses a superfiltration membrane technology it developed with “zwitterionic copolymers.” It is able to convert waste water into reusable water. The company insists this technology is necessary as freshwater security is increasingly threatened.
“ZwitterCo transforms performance and economics for industrial #wastewaterreuse. With our $33M Series A fundraising round, we will continue to push the frontiers of #membranefiltration,” the company said announced on Twitter.
The funding comes after the last major funding round in 2021, when the company raised $5.9 million to continue building out its membrane technology. Now it wants to expand its technology even further in digestate treatment, bioprocessing and food waste water.
ZwitterCo CEO Alex Rappaport told CNBC Thursday the company’s goal is to “maximize reuse so you can limit freshwater use. We will enable a future of water abundance.”
The Department of Agriculture reported in July that “drought conditions were worst in the states of California, Texas, Oregon, Nevada, Utah and New Mexico.” The USDA has also reported that more than 32% of land in the western states is classified as having “extreme or exceptional drought.”
The main water sources for these states like the Colorado River and Lake Mead are rapidly shrinking due to the increasing impacts of climate change.
https://www.ibtimes.com.au/water-filtration-company-zwitterco-secures-33-million-advance-reusable-wastewater-tech-1838411?utm_source=Public&utm_medium=Feed&utm_campaign=Distribution Water filtration company ZwitterCo secures $33 million to advance technology for reusable wastewater