CMS Secures $16.5 Million in Oversubscribed Series A Funding Round, Garnering Major Attention from Leading Business and Industry Media
Compact Membrane Systems (CMS), a trailblazer in cutting-edge membrane technology, is excited to share the news of a triumphant conclusion to its oversubscribed Series A funding round, securing an impressive $16.5 million. Spearheaded by Pangaea Ventures, this funding round attracted noteworthy participation from key players like GC Ventures, Solvay Ventures, Chevron Technology Ventures, and Technip Energies. This resounding show of support is a testament to the remarkable strides CMS has taken in advancing membrane technology and underscores the confidence of industry leaders in its innovative endeavors.
Linked below are recent news features about our historic fundraise!
- https://carbonherald.com/compact-membrane-systems-raises-oversubscribed-series-a-round-to-develop-revolutionary-carbon-capture-technology/
- https://www.carboncapturejournal.com/news/compact-membrane-system-raises-funds/5676.aspx?Category=all
- https://technical.ly/startups/compact-membrane-systems-series-a/
- https://www.industryandenergy.eu/ccus/solvay-ventures-invests-in-compact-membrane-systems/
- https://delawarebusinesstimes.com/news/compact-membrane-systems-series-a/
- https://cen.acs.org/analytical-chemistry/separations/Membrane-developer-CMS-funding/101/i26
- https://www.venturecapitaljournal.com/compact-membrane-systems-inks-16-5m-series-a/
- https://www.citybiz.co/article/449652/compact-membrane-systems-raises-16-million-series-a/
- https://delawarebusinessnow.com/2023/08/compact-membrane-systems-raises-16-5-in-series-a-funding-round/
Media Contact Info
Charlie Swartz, Media Relations
cswartz@ardenttechnologies.com
Hannah Lewis, Investor Relations
hlewis@ardenttechnologies.com