Baswood, Inc., an Allen, TX-based sustainable wastewater treatment innovation company, raised $9.2m in funding.
The backers remained undisclosed.
The company intends to use the funds to complete its new Research & Development facility in Dallas commencing Q4’18, to expand market reach; and to grow its high-powered team of professionals.
Founded in 2004 and led by CEO Dan Simon and Chairman Chris Morrison, Baswood is advancing sustainable wastewater solutions that provide BOD (biological oxygen demand) removal, biosolids reduction, and water reuse for a wide range of industrial, municipal, and commercial applications.
Wastewater services include pilot testing, system design, equipment supply, financing, installation, system startup and commissioning, operations training, and long-term support and operations management.