Tuesday, June 4, 2019

Moleaer Finds $5M For Wastewater Treatment, Industrial Nanobubble Technology

Los Angeles-based Moleaer, a developer of equipment used in watewater treatment, farming, oil and mining, and other industrial processes, has raised $5M in a funding round, according to the company. The company develops industrial-scale nanobubble generators, which are used to dissolve gases into any liquid. Those bubbles are used in dissolving oxygen in hydropoics and horticulture and aquaculture; for algae control and odor control in wastewater treatment; for assistance in separating oil from water in wastewater from oil refineries and petrochemical plants; and many other applications. The company said the funding was led by ADM Capital's Cibus Fund, a provider of capital to the agriculture sector, along with existing investor Energy Innovation Capital. Moleaer's Ceo is Nick Dyner.

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