BASF Invests $7.5 Million in U.S. Firm NanoH2O

BASF says its BASF Venture Capital subsidiary has invested $7.5 million in technology company NanoH2O (El Segundo, CA). NanoH2O develops, produces and sells reverse osmosis membranes for seawater desalination. The investment is part of a $40-million equity round co-led by BASF Venture Capital together with other investors, BASF says. NanoH2O will use the investment to expand its global business activities. “This investment will accelerate existing plans to expand our manufacturing capabilities and product development initiatives,” says Jeff Green...

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