SOSV, 500 Startups invest US$2.55M seed round in deep tech startup SEPPURE
SEPPURE, the Singapore-based separation-tech startup, announces that it has closed a US$2.55 million (SG$3.54 million) seed round led by SOSV, a US-based hardware investor. Other participating investors include Entrepreneur First (EF), 500 Startups, SGInnovate, Koh Boon Hwee (Chairman of Nanyang Technological University (NTU) Board of Trustees, Credence Partners, Yeo Hiap Seng, and Far East Orchard), Rekanext, Belmond Capital, and several other prominent investors.
The company said that it will use the seed funding to increase the production of chemical-resistant nanofilters. It will also run industrial-scale pilots with potential customers across multiple industries.
SEPPURE creates sustainable nanofiltration solutions to separate chemical mixtures at a molecular level with minimal energy use. Most of the current separation technologies such as evaporation and distillation, use heat for chemical separation.
These thermal processes use up to 15 per cent of the world’s energy, and. SEPPURE’s technology eliminates the need for heat, curbing the reliance on one of the most energy-intensive and polluting processes on the planet.
SEPPURE was founded in 2018, inspired by Dr. Mohammad Farahani’s Ph.D. program at the National University of Singapore (NUS) four years ago. With the help of a grant from the National Research Foundation of Singapore (NRF), Dr. Farahani and Professor Neal Tai-Shung Chung, who is now the acting technical advisor of SEPPURE and Provost’s Chair Professor at NUS, developed the core technology to separate chemicals sustainably.
SEPPURE’s technology can be utilised across multiple markets including food, pharmaceuticals, petrochemicals, and oil & gas.