ZwitterCo has successfully closed a $58.4 million Series B funding round led by Evok Innovations, aimed at advancing its innovative zwitterionic membrane technologies for sustainable water treatment solutions.
Target Information
ZwitterCo is a pioneering company based in Woburn, Massachusetts, focused on revolutionizing water treatment through its advanced zwitterionic membrane technologies. The company aims to address the challenges associated with water scarcity and the management of unconventional water resources, including industrial wastewater and complex surface waters. By leveraging breakthrough innovations in membrane technology, ZwitterCo is positioned to meet the growing demands for water in industries crucial to a low-carbon future.
Founded with a vision to combat the global water crisis, ZwitterCo has developed membranes that exhibit exceptional resistance to organic fouling, significantly outperforming traditional filtration solutions. This technological advancement allows for more efficient and sustainable water treatment processes, which is becoming increasingly vital as climate change exacerbates water shortages worldwide.
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Industry Overview in the U.S.
The water treatment industry in the United States is facing unprecedented challenges, driven by climate change and the increasing scarcity of freshwater resources. According to the United Nations, 2.2 billion people currently lack access to safely managed drinking water services, and by
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Evok Innovations
invested in
ZwitterCo
in 2024
in a Series B deal
Disclosed details
Transaction Size: $58M