Israeli BPT Closes $12M in Series B Financing

Israeli company BPT announced today that it has completed its Series B financing, raising US $12m.
U.S. Venture Partners (USVP) and Pitango Venture Capital led the round with participation from existing investors Aurum Ventures and Elron Electronic Industries.

Proceeds will be used for expanding the manufacturing facilities, for continuing the Research activity and to further develop the sales and marketing infrastructure to meet increased worldwide demand.

The Rishon-Lezion-based company is focused on developing and commercializing advanced membranes-based separation solutions to address the needs of the water and wastewater treatment industries.



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