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NanoH2O
Enhances current polymer-based membranes with a nano-structured material that allows additional control of key membrane properties
About NanoH2O
NanoH2O, Inc. operated in the water treatment sector, specializing in the design, development, manufacturing, and sale of reverse osmosis (RO) membranes. The company was established in 2005 by a team that included Jeff Green, who served as the founder and CEO. Green's background includes a Bachelor of Science from the United States Naval Academy and a Master of Business Administration from the UCLA Anderson School of Management, and he brought experience from prior roles at various technology companies. The company's core technology centered on thin-film nanocomposite membranes, which aimed to enhance the efficiency of desalination processes. These membranes were engineered to offer higher water permeability while maintaining superior salt rejection, which translates to lower energy consumption and reduced operational costs for desalination plants.
The primary market for NanoH2O was large-scale desalination and water treatment facilities, serving both municipal and industrial clients globally. Its business model revolved around the direct sale of its advanced RO membranes to these facilities. The key product, marketed under the QuantumFlux brand, was a line of spiral-wound RO membranes. The distinguishing feature of these membranes was the integration of benign nanoparticles into the polyamide layer, a process that increased water flow without compromising the removal of salts and other minerals. This technological approach positioned the company to address the growing global demand for clean water by making desalination more economically viable.
A significant milestone in the company's trajectory was its acquisition by the South Korean conglomerate LG Chem in April 2014 for $200 million. Prior to the acquisition, NanoH2O had raised substantial venture capital funding from firms such as Khosla Ventures, Oak Investment Partners, and BASF Venture Capital. The acquisition integrated NanoH2O's membrane technology into LG Chem's broader water treatment solutions business, allowing the technology to be scaled and distributed more widely under the LG Chem brand.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2005
- Headquarters
- Los Angeles, United States
- Employees
- 1
- Open positions
- None listed
- Dealroom signal
- 27.3/100
- Industry
- Chemicals
- Sector
- Chemicals, Water Treatment, Membranes, Sustainable Development Goals, Advanced Materials, Climate Tech, Blue Economy, Water Tech, Water Management, Desalination, Climate Adaptation, DT and LS, science-based
- Business model
- Manufacturing
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Mar 2014 | $0 | — | LG Chem | — |
| LATE VCOther financing | Apr 2012 | $61M | $242M | Oak Investment · Keytone Ventures · BASF · Khosla Ventures | — |
Growth signals
Latest recorded traffic for NanoH2O is 0 monthly website visits. NanoH2O's team grew 0% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
Series B and later6 investors entered at this stage
Oak Investment
Keytone Ventures
BASF
Comerica Bank
TotalEnergies Carbon Neutrality Ventures
Lighthouse Capital Partners
Other known investors1 additional known investor
LG Chem
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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