Oasys Water Inc Garners $10,000,000 Series A Financing

  • Feed Type
  • Date
    2/17/2009
  • Company Name
    Oasys Water Inc
  • Mailing Address
    222 Third St. Cambridge, MA 02142
  • Company Description
    Oasys (Osmotic Application Systems) is a Cambridge MA based company developing a suite of proprietary water treatment products to address the growing, global water crisis. The Company’s Engineered Osmosis (EOTM) process provides a novel treatment system that can produce clean, potable water at significantly lower cost than current desalination methods.
  • Website
    http://www.oasyswater.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Oasys plans to use the funds for the development of its commercial platform aimed at reducing the need for large amounts of costly electricity for producing clean drinking water from seawater and other non-potable water and wastewater sources.
  • M&A Terms
  • Venture Investor
    Flagship Ventures
  • Venture Investor
    Advanced Technology Ventures
  • Venture Investor
    Draper Fisher Jurvetson

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