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Claros Technologies Closes Series B Fund
["Connor O'Neal"]
Twin Cities Business
The $55 million financing will accelerate its commercialization of PFAS destruction technology to meet demand.
Claros Technologies announced on Tuesday it raised $55 million in a series B fund to continue its daunting task of saving the world from “forever chemicals,” commonly known as PFAS (per- and polyfluoroalkyl substances).
How Claros plans to use its fundraisingThe financing allows Claros to accelerate commercialization.
Unlike traditional methods of trapping and/or moving the substances, Claros’ technology eliminates the chemicals in water.
In 2021, Claros closed a series A fund with $5 million, and with an additional $22 million in 2024.