Eaton Peabody represented venture capital firm PureTerra Ventures, in a funding round for KMX Technologies. The round was led by PureTerra Ventures with funds from the European Investment Fund (EIF), and included TETRA Technologies, Inc. (“TETRA”) (NYSE: TTI), a leader in produced water recycling and critical mineral development. The round also included participation from Archer Private Investments, an early major investor, and other existing investors.
The funds will allow KMX to accelerate the commercialization of the company’s groundbreaking proprietary vacuum membrane distillation (VMD) technology. KMX is helping some of the most innovative companies address growing global water challenges, while also creating opportunities to monetize critical minerals in the process.
Eaton Peabody professionals Jeff Spaulding and Jen Baroletti represented PureTerra in the financing.
About KMX Technologies
KMX Technologies is solving the most critical environmental and energy challenges of the 21st century. Through its proprietary membrane distillation technology, the company sustainably sources critical minerals necessary for next generation supply chains and infrastructure, is advancing wastewater treatment, and is accelerating energy storage with its direct lithium recovery enhancement processes.
About PureTerra Ventures
PureTerra Ventures holds a unique position as the exclusive investment firm focused solely on disruptive water technologies. With a deep understanding of the global water sector, we recognize the urgent need to address the water crisis while embracing the opportunities for innovative solutions. Leveraging our entrepreneurial experience, network, and extensive pipeline of disruptive water technologies, we are ideally positioned to catalyze investment solutions and address water challenges globally. Founded in 2017, our vision of “Clean Water for All” drives our commitment to making a meaningful impact. Learn more about PureTerra by visiting the website pureterra.com or by reaching out to info@pureterra.com.
About Eaton Peabody
Eaton Peabody provides practical and cost-efficient guidance to startup and emerging companies and the investors that fund them. For more information, visit Eaton Peabody’s Startup and Emerging Companies webpage.
Eaton Peabody provides practical and cost-efficient guidance to startup and emerging companies and the investors that fund them. For more information, visit Eaton Peabody’s Startup and Emerging Companies webpage.