Icos filters water with Metal Membranes

Icos Capital, a venture fund backed by Delft University of Technology with a focus on cleantech, has invested in Metal Membranes. The company produces ceramic membranes to filter water.

While the size of the investment has not been disclosed, the two new partners are hoping their combined expertise will allow them to scale up and market the product on a global scale. Metal Membranes expects that it can significantly undercut its competitors.

The funding will also be used to develop and maintain industrial partnerships particularly in the chemical, sensor, and oil and gas sectors.

Nityen Lal, founder and managing partner at Icos Capital, said: “Metal Membranes and its founders have demonstrated technical capabilities and results to us and a select group of industrial clients that can only be categorised as being ground-breaking in the membrane industry. We look forward to working together to help them commercialise their technology globally.”