Desalitech, a Newton, MA-based provider of resource and cost efficient water production and treatment solutions, raised an additional $5m equity funding.
Backers included Liberation Capital and institutional investors.
The company intends to use the funds to accelerate growth and strengthen its market position.
Led by CEO Nadav Efraty and Executive Vice President Richard Stover, PhD, Desalitech provides low-cost industrial water treatment solutions. Its Closed Circuit Desalination (CCD™) solutions extract purified water from challenging sources at high recovery rates, and are used for industrial water and effluent treatment, agricultural water supply and inland brackish desalination.