CERAFILTEC, a leader in the design and manufacture of ceramic ultrafiltration membranes for the water industry, has announced the completion of a €30 million growth capital investment to further accelerate its global expansion.
The round was led by Circularity Capital, with participation from institutional and private co-investors including Stellar Impact.
With ambitious plans for the future, CERAFILTEC will use the funds to drive further internationalisation. The investment will also be channelled towards new product development activity, alongside supporting the growth and development of the CERAFILTEC team.
Founded in 2016 and headquartered in Saarbruecken, Germany, CERAFILTEC is renowned worldwide for its ceramic membrane technology. With more than 110 project references in 35 countries worldwide, the company’s innovative solutions are widely used for the treatment of drinking water, as well as in desalination and industrial wastewater applications.
Kay Gabriel, Co-Founder of CERAFILTEC, commented:
“Today’s water industry sees only a fraction of wastewater reused due to challenges including cost, energy intensity and the ability to adequately filter out pollutants. The EU, for example, estimates that just 2% of all wastewater treated across Europe is reused.
“Ultrafiltration is an essential technology to improve water re-use and provide access to clean water globally. Our proprietary ceramic flat sheet membrane module is an agile solution and one that continues to disrupt the industry.
“As we continue to experience increasing demand for our market-leading technology, additional funding will prove pivotal to further scale our international footprint. Having Circularity Capital on board as the domain expert in the circular economy will prove invaluable, as will the support and guidance of Telos Impact and co-investors.”
Ian Nolan, co-founding partner of Circularity Capital and CERAFILTEC’s board member commented:
“We are delighted to be leading the investment round in CERAFILTEC and leveraging our domain expertise to support their ongoing expansion. This investment is consistent with our approach of backing companies whose circular business models drive a long-term sustainable competitive advantage.”
