Monday, January 5, 2009

Advanced Hydro Raises Seed Funding

Austin-based Advanced Hydro, a new startup focused on the water filtration market, said Monday afternoon that it has raised $0.5M in a seed investment round from clean technology investors Quercus Trust and 21 Ventures. According to the firm, it has licensed technology from the University of Texas which helps with alleviating fouling in membrane-based water filtration systems. The firm said its lab results show a 30-50 percent improvement in the flux of commercial membranes used to purify feed streams. More information »