MIT spinoff Via Separations scores $38M Series B to decarbonize manufacturing

MIT spinoff Via Separations scores $38M Series B to decarbonize manufacturing

2 years ago
Anonymous $BH0TGXkyPe

https://techcrunch.com/2021/10/21/mit-spinoff-via-separations-scores-38m-series-b-to-decarbonize-manufacturing/

Via Separations is a startup from a couple of MIT material science engineers who figured out a way to reduce the amount of energy required in a manufacturing process, resulting in lower carbon creation, lower energy usage and lower costs. Today, the company announced a $38 million Series B.

The round was led by NGP ETP, a firm that focuses on investments that lower carbon emissions. In addition, 2040 Foundation participated, along with existing investors The Engine, Safar Partners, Prime Impact Fund, Embark Ventures and Massachusetts Clean Energy Center.