Membrion, a Seattle, WA-based manufacturer of ultra-low cost, high performance ion exchange membranes, closed its series seed round, having raised a total of $1.485m.
Sierra Angels and Sand Hill Angels joined existing investors E8 and the E8 Fund, Bellingham Angel Investors, as well as other prominent angels. This round, combined with a $748k grant Membrion received earlier this year from the National Science Foundation.
The company intends to use the funds to continue to scale its novel technology and develop commercially viable membranes for the ion exchange markets in water separation technologies and energy storage applications.
Founded in 2016 by Dr. Greg Newbloom, Membrion has developed Molecular Self Assembly (MSA) technology that uses readily available, non-toxic and low-cost materials to produce advanced ceramic ion exchange membranes that enable more cost-effective solutions for clean energy, fresh water supplies and human health challenges.
Membrion leverages silica gel – a non-toxic material that is often packaged with new shoes, beef jerky and many other consumer products – to produce commercial ceramic membranes.