BASF invests $7.5 mn in NanoH2O reverse osmosis membranes

BASF invests $7.5 mn in NanoH2O for reverse osmosis membranes

7:37 AM, 30th April 2012
BASF invests $7.5 mn in NanoH2O for reverse osmosis membranes
Dirk Nachtigal, Managing Director, BASF Venture Capital.

LUDWIGSHAFEN, GERMANY/CALIFORNIA, US: BASF Venture Capital GmbH has invested $7.5 million in the technology company NanoH2O Inc. The investment is part of a $40 million equity round co-led by BASF Venture Capital together with other investors. The reverse osmosis membranes from NanoH2O use the reverse osmosis principle and currently deliver the highest flux and the highest salt rejection of any seawater reverse osmosis membrane on the market. They fit easily into new and existing desalination plants.

“There is a great demand worldwide for innovative technologies to produce drinking water from seawater. NanoH2O has developed special nanostructured polymer-based membranes for seawater desalination which are particularly effective in removing the salt from seawater in a highly energy efficient way,” said Dirk Nachtigal, Managing Director, BASF Venture Capital.

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