PureTerra Ventures, in partnership with TETRA Technologies, has invested in KMX Technologies to promote innovative water recovery solutions aimed at enhancing sustainability in the lithium mining and produced water sectors.
Target Information
KMX Technologies has emerged as a pioneering force in the resource recovery sector, having developed an advanced Vacuum Membrane Distillation technology. This innovative approach is designed to efficiently separate and recover essential minerals from water, addressing critical challenges in both the lithium mining industry and produced water management. By enhancing water recovery while significantly reducing energy consumption, KMX is positioned to drive substantial advancements in sustainable resource management.
Industry Overview
The global demand for lithium has surged in recent years, largely driven by the rapid growth of electric vehicle and energy storage markets. As a result, the lithium mining sector faces increasing pressure to adopt environmentally sustainable practices. KMX Technologies operates within a landscape that is shifting towards cleaner extraction methods, leveraging technology to minimize the ecological footprint of lithium production.
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Simultaneously, the produced water sector, which deals with wastewater generated during oil and gas extraction, is grappling with regulations and public scrutiny over en
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PureTerra Ventures
invested in
KMX Technologies
in 2023
in a Other VC deal