Pasteurization Technology Group, which disinfects and recycles wastewater, has pulled in $1m from a venture fund managed by the chief executive of the Concord Group.
EIC Ventures, a venture capital fund led by home and business maintenance provider Concord Group’s chief executive David Dubé, invested $1m in US-based wastewater recycling company Pasteurization Technology Group (PTG) on Tuesday.
Dubé, who had previously invested an undisclosed amount in PTG, said: "PTG’s patented IP offers an extremely efficient solution to industrial customers in the food, beverage, agriculture, and oil and gas industries. In addition, the company’s capital-efficient business model, combined with its growing sales demand, makes PTG…
