Via Separations eliminates energy use in industrial processes, allowing pathways for a more sustainable, resource efficient future.
Via Separations is enabling industrial decarbonization with its novel chemistries that allow manufacturing facilities to slash their energy consumption while making more product. Targeting the 12% of US energy consumption that is wasted each year separating chemicals, Via reduces the load of the process by 90%, electrifies the most energy-intensive step in chemical production, and generates additional revenue for the customer. Today, Via is deploying its technology in pilot trials at pulp & paper facilities to eliminate 100 million metric tons of CO2 by 2050. Via’s innovation is a highly selective and robust membrane filter that replaces the energy inefficient heat-based separations in industrial processes. Spun out of MIT’s Department of Material Science & Engineering, Via has scaled up the technology by more than 10 million times and demonstrated working prototypes at commercial scale.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Nov 22, 2022 | Grant | $9.75M | 1 | US Department of Energy | — | Detail |
Oct 21, 2021 | Series B | $38M | 7 | NGP Energy Capital Management | — | Detail |
Oct 14, 2020 | Grant | $1M | 1 | PRIME Coalition | — | Detail |
Mar 14, 2019 | Series A | $4.80M | 5 | Safar | — | Detail |
Jan 10, 2019 | Grant | $225K | 1 | Massachusetts Clean Energy Center | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
US Department of Energy | Yes | Grant |
NGP Energy Capital Management | Yes | Series B |
PRIME Coalition | Yes | Grant |
Safar | Yes | Series A |
National Science Foundation | Yes | Grant |
2040 Foundation | — | Series B |
Embark Ventures | — | Series B |
Massachusetts Clean Energy Center | — | Series B |
Prime Impact Fund | — | Series B |
Safar Partners | — | Series B |