Molekule, a San Francisco, CA-based air purification technology company, received an investment from Cleveland Cavaliers’ Kevin Love.
The amount of the deal was not disclosed.
The company will use the funds to advance its air quality technology and expand its business reach.
Led by Jonathan Harris, CEO, Molekule leverages technology to provide Photo Electrochemical Oxidation (PECO) air purification devices, including Air Mini, Air Mini+, and Air Pro which were recently granted FDA clearance as medical devices for the destruction of viruses and bacteria. The company’s PECO technology destroys a wide range of pollutants, including VOCs, mold, bacteria, viruses, and allergens.
Today, Molekule is available at www.Molekule.com, Amazon, and other retailers. It is also sold internationally in India, Japan, South Korea, and Canada.
With more than $100m in funding, most recently via a Series C financing round completed in early 2020, Love joined RPS Ventures, Founders Circle Capital, Foundry Group, Crosslink Capital, Uncork Capital, TransLink Capital, and Inventec Appliances Corp (IAC).
FinSMEs
17/09/2021