Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Membrion, a US-based water filter membrane developer spun out of University of Washington, has raised $6m in series A funding from investors including WRF Capital, the university venturing arm of tech transfer organisation Washington Research Foundation, GeekWire reported yesterday. The round was led by Bellingham Angel Investors with additional contributions from SeaChange Fund and unnamed existing investors. Membrion supplies silica gel-based sheets that filter salty water from sources such as aquifers and estuaries to create freshwater. The silica gel, a solid form of silicon dioxide, is marketed toward enabling more cost-effective water desalination in industries expecting freshwater shortages. Membrion’s founder, CEO and chief technology officer is Greg Newbloom, a former University of Washington lecturer, research engineer and commercialisation fellow. The spinout closed its seed round at $1.5m in December 2018, attracting Sierra Angels and Sand Hill Angels three months after the $1m initial close featuring Bellingham Angel Investors, E8 and…
