Fundz

Puraffinity raised €7.9M in a Series A funding round led by BGF to scale up production of its patented PFAS-capturing material.

PRIVATESep 10, 2024

Amount Raised

€7.9 Million

Round Type

Series A

LondonEnvironmental Services

Investors

Universal Materials Incubator CoVerve VenturesKindred CapitalHG VenturesOctopus VenturesBgf

Description

Puraffinity has secured £6.73M (approximately €7.9M) from BGF, completing its £16.93M (approximately €20M) Series A funding round. The funding will help the company scale up production of its PFAS-capturing material and develop new commercial applications.

Quick answer

Puraffinity raised €7.9 Million in a Series A round, dated September 10, 2024. Investors: Universal Materials Incubator Co, Verve Ventures, Kindred Capital, HG Ventures, Octopus Ventures and Bgf. Puraffinity is based in London, England, United Kingdom.

How much did Puraffinity raise?
Puraffinity raised €7.9 Million in a Series A round on September 10, 2024.
Who invested in Puraffinity?
Universal Materials Incubator Co, Verve Ventures, Kindred Capital, HG Ventures, Octopus Ventures and Bgf are named as investors in this round.
What does Puraffinity do?
Puraffinity is a spinout company from Imperial College London that specialises in designing and manufacturing novel advanced materials for environmental benefit, such as removing harmful pollutants from water and..
Where is Puraffinity based and how big is it?
Puraffinity is based in London, England, United Kingdom. Fundz records about 38 employees.
Who are the decision-makers at Puraffinity?
Fundz holds 2 contacts at Puraffinity. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Environmental Services around the same time

Companies in the same sectors as Puraffinity that raised within 45 days of this round, from Fundz verified event records.

  • Octavia Carbon raised $5M (Seed) on October 16, 2024.
  • King Energy raised $10M (Seed) on October 16, 2024.
  • Onlygood raised $500K (Seed) on October 10, 2024.
  • Ucaneo raised $7.5M (Seed) on September 10, 2024.
  • ReCircle raised an undisclosed amount (Angel) on September 6, 2024.
  • Bosonwhitewater raised $1.2M (Funding Round) on September 4, 2024.

Who to call at Puraffinity, and when

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Company Information

Company

Puraffinity

Location

London, England, United Kingdom

About

Puraffinity is a spinout company from Imperial College London that specialises in designing and manufacturing novel advanced materials for environmental benefit, such as removing harmful pollutants from water and wastewater. Focusing initially on PFAS removal, Puraffinity has developed an innovative adsorbent media allowing an easily deployable solution for addressing PFAS compliance. In addition, the solution is highly cost effective, providing an attractive Return On Investment for customers, and reduced life-cycle costs.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Puraffinity raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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