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Dow invests in water treatment technology firm
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Editorial
Tue Feb 9 2010, 11:01 AM UTC
California-based Clean Filtration Technologies (CFT) has raised USD1.5m in a first tranche of funding led by Dow Chemical. The firm plans to raise a further USD1.5m before the round closes later this year. CFT develops water treatment technology. Its hydroclone system is a water filtration device which reduces suspended solids from difficult-filter water for use in industrial processing and agricultural irrigation. The firm aims to begin producing commercial volumes of the system in the second half of this year.
Deal Details
- Status completed
- Amount US$1.5m
- Investor Dow Venture Capital
- Target Clean Filtration Technologies (CFT)
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