Dow Doles Out $3M to Clean Filtration
Dow Venture Capital, the VC arm of Dow Chemical, headquartered in Midland, MI, has contributed $3 million to a $3.5 million Series B Round for Clean Filtration Technologies, based in Redwood City, CA, Dow announced Wednesday. Dow announced its “first closing” of $1.5 million for the company in February, with another $1.5 million anticipated. Wednesday’s announcement closes the round. Clean Filtration Technologies is developing a device that reduces particulate matter in difficult-to-filter water, such as waste water.