Aclarity Inc., a Mansfield, Massachusetts-based leader in PFAS per- and polyfluoroalkyl substances (PFAS) destruction, has completed a $15.9 million Series A funding round.
This funding round was led by New York City-based Aqualateral, with participation from HG Ventures, Bidra Innovation Ventures, Nor’easter Ventures, MassVentures and Burnt Island Ventures. This latest round of funding builds on a $3.3 million seed round secured in 2022, propelling the company into a new phase of commercial expansion and innovation.
“Aclarity has the potential to revolutionize the field of environmental remediation and solve one of the most pressing environmental challenges of our time. We are confident that they will deliver on this promise,” Aqualateral Chief Investment Officer Jiten Manglani says. “The Aclarity team has the capacity and vision to deliver far-reaching transformative results to communities across the globe.”
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PFAS, often referred to as “forever chemicals” due to their persistent nature in the environment, have become a major concern worldwide because of their detrimental impact on ecosystems and human health. Aclarity’s Octa system is a sustainable solution for the complete eradication of PFAS contaminants and a new method of wastewater treatment and environmental remediation for landfills, water and wastewater treatment plants and industrial facilities.
During the last year, Aclarity has deployed mobile systems with full-scale reactors across the country to destroy PFAS chemicals continuously. This has allowed the team to treat PFAS tap water and landfill leachate treated by foam fractionation where PFAS concentrations could in the range of milligrams per liter, including short-chain compounds such as perfluorobutane sulfonate (PFBS).
Aclarity’s achievements have garnered the attention of groups such as Frost & Sullivan, San Antonio, Texas, which awarded Aclarity their Company of the Year Best Practices award for 2023 in the North American PFAS treatment industry.
With the support of this investment, Aclarity has broadened its pipeline across several industries requiring PFAS destruction, including the waste, food and beverage manufacturing and pulp and paper industries. The Series A funds will help Aclarity scale up its manufacturing and supply chain capabilities, increase market penetration and advance its partnerships to address PFAS contamination challenges on a global scale.
“The industry is overwhelmingly demanding a solution to the PFAS problem, responding to existing and pending regulations. We are extremely grateful for the enthusiastic support from our investors and the confidence they have shown in our mission to combat the widespread issue of PFAS contamination,” Aclarity founder and CEO Julie Bliss Mullen says. “The Series A funding is already enabling us to grow our team, build more PFAS destruction skids and bring them to more communities and industries, ultimately making a lasting positive impact on public health and the environment.”
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