Last deal

$16.5M

Amount

Series A

Stage

02.08.2023

Date

2

all rounds

$29.M

Total amount

General

About Company
CMS is an advanced materials company specializing in membrane technology.

Industry

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Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

CMS develops and deploys proprietary membrane solutions for various industries, including energy, mining, and paper mills. Their membranes enable large industrial operations to reduce risk, increase yield, lower costs, and operate in a greener and more efficient way. CMS products, such as olefin-paraffin separation and gas sensing, offer performance and cost superiority compared to conventional alternatives. The company's membranes are chemically compatible with a wide range of chemicals, resistant to surface fouling, and can be easily cast into thin composite membranes. CMS is focused on decarbonizing infrastructure, capturing greenhouse gas emissions, and supporting the growth of new, sustainable industries.
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