Ecosystem Integrity Fund
Assembly Line
Claros Technologies, Inc. Raises $22 Million to Accelerate PFAS Destruction and Analytical Technologies
Claros Technologies, Inc. (ClarosTech™), the leader in PFAS analytical and destruction technologies, announced that it has raised $22M in new funding co-led by Ecosystem Integrity Fund and American Century Investments. This financing will allow ClarosTech™ to continue scaling the research, development and market penetration of its UV-photochemical PFAS destruction technologies, its durable anti-viral, anti-bacterial, anti-odor and broad spectrum UVA and UVB bio-based functional materials technologies and its ISO/IEC 17025:2017 analytical laboratory.
Additional investors include Capita3, Children’s Minnesota, Kureha America Inc., Open Door Foundation, F. R. Bigelow Foundation, other corporate investors, several individual investors alongside incumbent investors Groundswell Ventures and the University of Minnesota.
Series B funding success for Poseidon Ocean Systems
Poseidon Ocean Systems, a producer of infrastructure and technology solutions for salmon aquaculture, has announced the completion of a $20.7 million series B financing round led by Ecosystem Integrity Fund.
The aquatech company plans to use the funds raised to support the Company’s growth and delivery of their innovative Life Support Systems and Hybrid Sea Cage Systems, whilst also increasing their manufacturing capacity. Through these technologies, Poseidon aims to provide a compelling value proposition for modern salmon farming operations; increasing yields, reducing operating costs and improving environmental outcomes.
Poseidon provides aquaculture solutions, such as aeration technology and innovative sea cage systems, to some of the world’s largest salmon farmers, and this new funding will enable the company to continue their expansion into global markets; deepening their relationships with Canadian, Chilean and UK farmers, whilst also exploring new markets.