Accelerated Filtration, Inc. successfully closed a $4 million seed funding round to expand manufacturing and enhance sales efforts for its innovative VelRay X™ water filtration technology.
Target Information
Accelerated Filtration, Inc. (AFI) is a pioneering technology company based in Midland, Michigan, renowned for developing an innovative industrial water filtration system. Recently, AFI announced a successful closure of a $4 million seed funding round, aimed at expanding its manufacturing capabilities and enhancing global sales efforts of its proprietary VelRay X™ technology.
The VelRay X™ technology offers advanced filtration solutions specifically designed to remove fine suspended solids from variable water streams. This patented system caters to diverse industries and applications, addressing critical water treatment challenges by providing reliable, turn-key filtration options.
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Industry Overview
The water treatment industry in the United States is undergoing significant transformation, primarily driven by increasing concerns about water scarcity and polluti
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Disclosed details
Transaction Size: $4M