BioPetroClean raises $5M for biological water purification
BioPetroClean, a Tel Aviv, Israel-based water purification company, has closed its second round of financing with $5 million from 21 Ventures, which invested $3.5 million in its first round. The money will help the company set up a sales network and fund a number of new projects, according to Globes.
Founded in 2006, the company uses a biological technology, called Active Chemostat Treatment (ACT), to treat waste water in oil sludge and other organic pollutants. BPC… Continue Reading