Environmental Operating Solutions Garners $2,500,000 New Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c9d56b7b-373a-412b-99c7-69dc15257675&Preview=1 -
Date
3/18/2008 -
Company Name
Environmental Operating Solutions -
Mailing Address
4A Colonel Drive Bourne, MA 02532 -
Company Description
Environmental Operating Solutions, Inc. (EOS) creates agriculturally-derived products to remove the pollutant nitrogen from wastewater. Our proprietary MicroC™ technology was designed to safely and cost effectively reduce nitrogen by converting it to water and harmless gases. -
Website
http://www.eosenvironmental.com -
Transaction Type
Venture Equity -
Transaction Amount
$2,500,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The company will use the initial investment proceeds to expand manufacturing and distribution capabilities for its proprietary line of liquid carbon products that remove nitrogen from wastewater. EOS will use the second tranche of financing to broaden its denitrification technical capabilities and to support research and new product development. -
M&A Terms
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Venture Investor
Stuart Mill Venture Partners -
Venture Investor
Undisclosed
