Desalitech Closes $6.25M Financing

Desalitech Ltd., a Tel Aviv, Israel-based provider of water treatment technology, has closed on $6.25m in new financing.

The round was led by Liberation Capital, which will also be supporting Desalitech with project finance capital.

The company intends to use the capital for working capital and expansion efforts.

Led by CEO Nadav Efraty, and Executive Vice President Rick Stover, Desalitech advanced technology that raises recovery, reduces energy consumption and reduces capital cost, thereby lowering the cost of treating wastewater, industrial water, brackish water and seawater.

FinSMEs

17/05/2012

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