Moleaer, a Carson, CA-based maker of nanobubble technology capable of countering the effects of climate change and water scarcity in a broad range of industries, raised $40M in Series C funding.
The round, which brings total funding raised to $61m, was led by Apollo, which was joined by Husqvarna.
The company intends to use the funds to accelerate deployment to counter the effects of climate change and water scarcity in a board range of industries.
Led by CEO Nick Dyner, Moleaer offers nanobubble technology to enhance and improve the performance and productivity of critical industrial processes. The technology unlocks the power of water to help farmers grow more food, empowers businesses to manage water effectively and efficiently, and restores aquatic ecosystems sustainably without chemicals.
Moleaer has deployed more than 1500 nanobubble systems in more than 30 countries and sustainably treats more than a combined 500 million gallons of water per day.
FinSMEs
14/06/2022