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Around the world, population increases and the water-intensive industrial sector are putting pressure on existing water resources, and many have already been depleted or polluted. Desalitech's technology was introduced to the desalination market in 2009 as an energy-saving breakthrough to make drinking water from seawater. Now, Desalitech's Reverse Osmosis systems are rapidly replacing traditional water purification methods. Municipalities and Fortune 500 companies around the world, including Coca-Cola and P&G, rely on these systems to streamline their operations while cutting costs through maximum water recovery rates, lower energy consumption, and lower maintenance requirements. To date, Desalitech has saved nearly 5 billion gallons of water and $71 million, while using 35 percent less energy on average.
Desalitech has been acquired.
Desalitech has been acquired.
Overview
Location
United States, Massachusetts, Newton
Employees
11-50
Total raised
$11.25M
Founded date
2013
Investors 1
| Date | Name | Website |
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Funding Rounds 2
| Date | Series | Amount | Investors |
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| May 17, 2012 | Funding round | $6.25M |
Mentions in press and media 6
| Date | Title | Description |
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| Jun 22, 2015 | Turning Water Problems Into Business Opportunities | Tamin Pechet Contributor Tamin Pechet is the founder of Banyan Water and founder and chairman of Imagine H2O. California Governor Jerry Brown recently imposed mandatory water restrictions to combat severe drought that “demands unprecedented... |
| Dec 2, 2014 | Desalitech Builds on Boston-Area Water Tech Cluster With $11M Funding | Share Share on Facebook Share on Twitter LinkedIn Email Reprints When Governor Deval Patrick leaves office at the end of the year, he will be remembered for fostering the growth of Massachusetts’ life sciences and energy technology industri... |
| Jun 12, 2013 | Desalitech Raises $5M Equity Funding | Desalitech, a Newton, MA-based provider of resource and cost efficient water production and treatment solutions, raised an additional $5m equity funding. Backers included Liberation Capital and institutional investors. The company intends t... |
| May 17, 2012 | Desalitech Closes $6.25M Financing | Desalitech Ltd., a Tel Aviv, Israel-based provider of water treatment technology, has closed on $6.25m in new financing. The round was led by Liberation Capital, which will also be supporting Desalitech with project finance capital. The com... |
| May 16, 2012 | Desalitech Secures $6.25M | TEL AVIV, ISRAEL, Provider of advanced water treatment solutions and technology, announced today that it has secured an equity investment led by Liberation Capital. >> Click here for more funding data on Desalitech >> To exp... |
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FAQ about Desalitech
When was Desalitech founded?
Desalitech was founded in 2013.
How much funding has Desalitech raised?
Desalitech has raised $11.25M in total across 2 funding rounds.
What funding rounds has Desalitech raised?
Parsers VC lists 2 funding rounds of Desalitech, among them a funding round of $6.25M on May 17, 2012.
What has the press written about Desalitech?
Parsers VC has collected 6 articles mentioning Desalitech, among them “Turning Water Problems Into Business Opportunities” (Jun 22, 2015) and “Desalitech Builds on Boston-Area Water Tech Cluster With $11M Funding” (Dec 2, 2014).
Is Desalitech still active?
Yes, Desalitech is active; its latest activity on Parsers VC dates from Dec 14, 2017.