Puraffinity

MaterialsSeries ALondon, UKpuraffinity.com

Latest round

Series A

Last raised

Jul 2024

Total raised

$26M

Investors

7

About Puraffinity

Puraffinity Ltd.Founded in 2015 and headquartered in London, UK, Puraffinity Ltd. specializes in PFAS removal technology. The founders, Gabriella S. and Henrik Hagemann, have a history of developing solutions focused on environmental sustainability.Puraffinity specializes in advanced PFAS removal technologies, primarily through its flagship product, Puratech, a family of bespoke adsorbent materials engineered to selectively capture a wide variety of PFAS species. Released to address the escalating global concern around PFAS contamination, Puratech enables effective removal of these hazardous chemicals, achieving removal efficiencies up to seven times higher than traditional petroleum-derived ion exchange resins. The technology is adaptable for various applications, including residential solutions like countertop filters, under-sink systems, pitchers, and faucet-mounted devices, as well as industrial wastewater treatment.Puraffinity generates revenue through direct sales and partnerships with organizations that integrate its Puratech products into their water treatment systems. The company engages primarily in B2B transactions, collaborating with municipalities, industrial clients, and commercial enterprises to ensure the delivery of clean, safe water. Transactions are structured around tailored agreements that may include one-time purchases or long-term contracts, depending on the client's needs. The pricing models reflect the complexity and scale of the solutions provided, with flagship products like Puratech commanding premium pricing due to their advanced technology and efficacy in PFAS removal.73 million to scale up production of its PFAS-capturing material and expand its global market reach. The company is focused on developing new products to further enhance its offerings in water purification technology. Targeted expansions include increased presence in North America and Asia-Pacific by 2025. Puraffinity aims to meet the growing demand for effective water purification solutions, ensuring its products can serve a broader range of industries and applications.

Who invested in Puraffinity

7 investors across 3 rounds

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Funding rounds

  1. Series A

    Jul 8, 2024

    Amount

    $8.6M

    Investors

    Locked

  2. Series A

    Jun 14, 2023

    Amount

    $14M

    Investors

    Locked

  3. Seed

    Mar 4, 2019

    Amount

    $3.7M

    Investors

    Locked

Questions about Puraffinity

Who invested in Puraffinity?

Puraffinity has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Puraffinity raised?

Puraffinity has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Puraffinity last raise money?

Puraffinity's most recent round on record is a Series A, in Jul 2024.

What does Puraffinity do?

Puraffinity is a materials company.

Where is Puraffinity headquartered?

Puraffinity is headquartered in London, UK.

Which VCs invest in companies like Puraffinity?

Among active investors with capital left to deploy, Mundi Ventures, Partech Partners, Mirova and Anterra Capital back materials companies at Puraffinity's stage. Their profiles are linked below.

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