Orono high-tech filter maker attracts $2M to expand
March 14, 2018
The investment is being led by PureTerra Ventures, a Shanghai, China, venture capital fund with Dutch management that focuses on water technologies. Also investing are the Maine Venture Fund and Propel(x), a San Francisco angel investment group.(Reprint from Bangor Daily News 3/13/2018) – An Orono company that uses nanotechnology to make a new type of high-tech filter to purify liquids will complete a $2 million round of investment Tuesday that it will put toward leasing new manufacturing space and hiring up to four people this year. Read more here.
