Molekule cleans up with $58m series C

Feb 26, 2020 • Thierry Heles

Inventec Appliances Corp has contributed to a round that will enable USF-founded Molekule to further develop and scale its air purification technology.

Molekule, a US-based air purification system spinout out University of South Florida, completed a $58m series C round yesterday that included networking and communication product manufacturer Inventec Appliances Corp.
Venture capital firm RPS Ventures led the round, while Foundry Group, Crosslink Capital, Founder’s Circle Capital, Uncork Capital and TransLink Capital also participated.
Founded in 2014, Molekule is working on photo-electrochemical (PECO) technology to disinfect and purify indoor air. The company claims the system is able to destroy pollutants…

Thierry Heles

Thierry Heles is the former editor-at-large of Global University Venturing and Global Corporate Venturing, and was the producer and host of the Beyond the Breakthrough podcast until December 2024.

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