CBRE

Business News

Oct 18
Stonybrook Purification Secures Series A Financing By Betsy Kraat

STONY BROOK--Stonybrook Purification, a spinout of Stony Brook University, today 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.

Stonybrook Purification was co-founded by Ben Chu, Distinguished Professor of Chemistry, and Ben Hsiao, Chairman of the Chemistry Department, at Stony Brook University. The company's patented technology is based on years of research by Professors Chu and Hsiao. 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.

Stonybrook Purification
www.stonybrookpure.com

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