HaloSource raises $11.5M for water purification
Water purification technology has drawn increased attention from investors of late. HaloSource just became the most recent company to receive funding, taking a round of $11.5 million for commercialize its device in the developing world.
HaloSource uses a chemical called bromine to kill microorganisms in water. The bromine is encased in polystyrene beads, which release tiny amounts as water passes over them. Cartridges containing the beads purify about 3,000 liters of water and cost $7 to… Continue Reading