Pasteurization Technology Group, a San Leandro, California-based developer of wastewater disinfection and renewable energy, has raised $1m in venture capital funding from existing investor EIC Ventures.
The company intends to use the funding to expand sales, marketing, R&D and field engineering operations.
Founded in 2007 and led by CEO Greg Ryan, Pasteurization Technology Group offers systems that utilize patented technology combining wastewater disinfection with the generation of renewable energy. http://www.pastechgroup.com
The company’s technology represents a solution for municipal wastewater treatment facilities, many of which are aging rapidly and operating at, or even over, capacity and for industries that include food, beverage, and oil and gas.
FinSMEs
08/02/2012