PureTerra Ventures Backs KMX Technologies for Clean Water and Energy Storage Advancements
We are very excited to announce that we have successfully closed an investment round, in partnership with TETRA Technologies, Inc., into KMX Technologies.
KMX Technologies has developed an innovative Vacuum Membrane Distillation technology designed to separate and recover key minerals from water. This technology is set to disrupt the lithium mining and produced water sectors, enabling companies to recover nearly all of the water used, with significantly lower energy consumption.
Below, you'll find a brief summary of the key insights we gained during our diligence process and why we are thrilled to invest in KMX Technologies.
Congrats to the team at KMX—Zachary Sadow, Christopher Kelley, and Alexander de Vogel—as well as our partners at TETRA Technologies, Elijio Serrano and Matthew Sanderson! We look forward to accelerating the commercialization of this technology together, leading the industry towards sustainable water management practices and contributing to our mission: Clean Water for All.
Thanks to BlueTech Research; Jeff Guild and Shan Yong, PhD,PMP, as well as Eaton Peabody; Jeff Spaulding and Jen Baroletti for your help to close the transaction.