UK-based Evove, a developer of a graphene-based water filtration technology designed to tackle water shortage, announced that it has secured £5.7M in a round of funding led by One Ventures with participation from AM Ventures and existing investors.
The company says it will use the funds to expand its manufacturing capacity, scale up its 3D-printed membrane process, and capitalise on its substantial pipeline of opportunities.
Founded by Chris Wyres and Craig Clement, Evove focuses on graphene innovation and application. Their proprietary technology is designed to address the global issue of water scarcity.
The company’s graphene-based coatings technology provides highly efficient and cost-effective solutions to a broad range of filtration applications.
The UK company’s membrane technology has had a significant impact on several industries, including lithium, desalination, food & beverage, green hydrogen, semiconductor manufacturing, and water reuse.
Evove says it has already deployed its solutions across a broad range of applications, driving down energy consumption, saving water, and helping build supply-chain resilience.
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