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Separations
Membrane developer CMS gets funding
by Alexander H. Tullo
August 10, 2023
| A version of this story appeared in
Volume 101, Issue 26
Delaware-based Compact Membrane Systems (CMS) has raised $16.5 million in a series A venture capital funding round. CMS, which specializes in fluoropolymer membranes, isn’t a start-up; it was spun off from DuPont in 1993. CMS has been developing membranes for olefin separations and carbon dioxide capture, targeting applications like steel and cement kilns. Prominent firms participated in the round, including Pangaea Ventures, Solvay Ventures, Chevron Technology Ventures, GC Ventures Americas, and Technip Energies.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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