Miox raises $19M for water treatment
Miox, a water purification company based in Albuquerque, N.M., has picked up a $19 million third round of funding to help market its industrial water treatment technology.
Instead of filtering water, Miox zaps it with a combination of electricity and chemicals, as we previously detailed. The company got its start with the military, moved on to the outdoor industry, and is now also serving businesses like hotels.
The funding was led by new investor DCM, with participation… Continue Reading
Government funding could lift Bay Area water investment sector
Seven Bay Area recycled water projects could pave the way for a wave of new investments in the growing sector if the Consolidated Natural Resources Act of 2008 is ratified by the president. The measure authorizes the U.S. Bureau of Reclamation to defray up to 25% of the projects’ construction costs.
The extra government push could be just what the staid water sector has been looking for: An opportunity for local startups to dive right in… Continue Reading
Miox reaps the benefits of a global focus on clean water
The convergence of several global trends — rising populations, increased food production and declining water stocks — has helped turn the once dull water sector into a cleantech darling. Startups that specialize in filtration, purification and treatment technologies have popped up in recent years, with more likely to come as worldwide demand for for clean water grows.
Miox, an Albuquerque, New Mexico, company that sells water purification equipment, has greatly benefited from these trends — having… Continue Reading