Clean Membranes Closes Series A Financing Round

Clean Membranes, Inc, a Lexington, MA-based start-up developing a new generation of non-fouling membranes, has closed its Series A round of financing.
The investment, whose amount remained undisclosed, was led entirely by Morningside Venture Investments Limited.
The capital will be used primarily to take the technology, licensed on an exclusive basis from the Massachusetts Institute of Technology, from laboratory discovery stage to pre-industrial scale-up level.
In conjunction with the financing, Reenie McCarthy of Morningside will join Clean Membranes’ board of directors.
Led by President and CEO Jean-Marc Pandraud, the company has developed a smart copolymer that self-assembles into a hydrophilic membrane surface to provide high-performance water filtration, high flow rates and high resistance to fouling.
Potential applications include municipal, wastewater, oil and gas, pharmaceutical and food industry produced waters, seawater desalination, as well as producing potable water from brackish water and other purification applications.

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