We are delighted to announce that PolyCera Membranes is the latest company to join the Kairos portfolio. We feel privileged to have been selected by the PolyCera management team to lead this next round of financing.
PolyCera Membranes develops and markets next-generation membrane technology for industrial wastewater treatment and process separation and has completed a Series A funding round that will enable the company to make immediate investments to build out its global manufacturing, R&D and sales capabilities.
“We are committed to bring to customers around the world the most advanced membrane filtration products that deliver the highest quality of treatment with unrivaled reliability at the lowest lifetime cost.”
– Simon Marshall, Chief Executive Officer of PolyCera Membranes
The Series A funding round was led by Kairos Ventures with follow on capital provided by Bluestem Capital and the Wolfen Group – two of PolyCera’s existing investors through Water Planet.
“Completion of the Series A funding round is an important step forward for PolyCera, creating a solid foundation on which to continue our dynamic growth. In addition to making important strategic investments in top-tier industry talent aimed at accelerating sales, we will use the funds to invest in manufacturing capabilities near our headquarters in Southern California and fast-track development and commercialization of our nanofiltration and reverse osmosis products. We are committed to bring to customers around the world the most advanced membrane filtration products that deliver the highest quality of treatment with unrivaled reliability at the lowest lifetime cost,” said Simon Marshall, Chief Executive Officer of PolyCera Membranes.
Engineered with Nobel Prize winning chemistry and made of a revolutionary organic metal material, PolyCera membranes gained immediate market traction upon their launch in November 2016. The company now has more than 80 installations on three continents up and running as well as 27 live trials on six continents in various stages of completion.
“Our team possesses an extraordinary passion to have a huge impact on our world through the creation of companies that will improve our lives and that of the generations that will follow. We aim to do this by funding the very best scientists, engineers and entrepreneurs and helping them transform their knowledge, ideas and discoveries into viable businesses. We expect these companies to have a huge impact on the world and create significant returns for their shareholders. PolyCera Membranes meets all these criteria,” said Jim Demetriades, Founder and Managing Partner of Kairos Ventures.
We are thrilled about our investment in PolyCera and welcome them to the extended Kairos Ventures family!