Friday, February 1, 2008

Stonybrook Purification

Stonybrook Purification
Stonybrook Purification, a spinout of Stony Brook University, announced the close of the first tranche of a $4.1 million Series A investment led by Battery Ventures. T2 Venture Capital (T2VC), the founding investor and early incubator of the company, also participated in this round, along with new investors Modern Water and TianDi Growth Capital. The company will bring to market a novel concept for increasing the performance of high flux membranes for a variety of purification, filtration, and desalination applications. The technology has the potential to significantly increase the performance of and reduce the costs of processing water on a large scale.

http://www.ereleases.com/pr/stonybrook-purification-secures-series-a-financing-university-spinout-aims-to-lower-cost-of-clean-water-10805

http://www.t2vc.com/news/2007/10/17/vcs-turn-on-spout-for-stonybrook-purification.html

http://www.dealipedia.com/deal_view_investment.php?r=5225

http://www.prnewswire.com/news-releases/stonybrook-purification-secures-series-a-financing-university-spinout-aims-to-lower-cost-of-clean-water-58697292.html

http://www.stonybrook.edu/research/otlir/technologies/Nanotechnology/R-7416.pdf

http://venturebeat.com/2007/10/17/stonybrook-raises-41m-for-water-purification/