Salinity Solutions
Assembly Line
Salinity Solutions secures £1 million investment from SQM Lithium Ventures
Salinity Solutions, an engineering tech start-up based in Birmingham (UK) has secured a GBP £1 million initial investment from SQM Lithium Ventures to fund the next stage of its growth. SQM Lithium Ventures, in return, will take ownership of a minority stake in the company, with the option to acquire additional equity in the future.
SQM Lithium Ventures is the corporate venture capital arm of the lithium business of Sociedad Quimica y Minera de Chile (SQM), one of the world’s leading producers of battery-grade lithium chemicals. Salinity Solutions joins the SQM Lithium Ventures portfolio alongside industry-leading companies like Altilium Clean Technology and Electric Era.
Salinity Solutions developed HyBatch™, its ground-breaking batch reverse osmosis water treatment technology – the first in the world to be manufactured commercially – to dramatically reduce the environmental impact of water treatment. The technology uses less energy, purifies a higher amount of wastewater, generates less waste, and is more compact and portable than traditional reverse osmosis systems. The first of Salinity Solutions’ five registered patents has been approved in the European Union, China and the United States.