FOR IMMEDIATE RELEASE
October 17, 2013
CONTACT:
Ed Kolasinski / 503 703 2802
Ed.Kolasinski@Puralytics.com
Puralytics Completes $4 Million in Series A Funding
BEAVERTON, Ore. – Puralytics, a leading provider of advanced water purification technology,
announced today the company has completed its $4 million Series A Preferred Stock Round.
This round of financing was led by Keiretsu Forum and included other angel, social impact and
strategic investors. Puralytics is using the funding to accelerate it sales pipeline, product
development and operational capabilities.
“This investment reflects the growing market need for cost-competitive solutions that deliver
access to clean, potable water,” said Puralytics CEO Mark Owen. “Our investors see the
economic opportunity, as well as the social impact, that our water purification technologies
offer.”
“The funding has enabled us to further bolster our company’s foundation and team,” added
Owen. “To date, we’ve already introduced two products to market and are in the early stages on
a third. And to meet growing demand, we’re also expanding our manufacturing capabilities to
support a qualified sales pipeline of $20 million.”
Puralytics develops innovative products that help both the Developing and Developed World
meet their growing water needs. The company’s current product focus includes: the SolarBag,
Shield and LilyPad:
The SolarBag is a personal water purification device with a patented process that uses sunlight to
activate a nanotechnology mesh that removes bacteria, viruses, heavy metals, and chemical
contaminants and is the first non-powered, non-chemical system to ever exceed the requirements
set by the U.S. Environmental Protection Agency’s Standard and Protocol for Water Purifiers.
Last month, the International Water Association announced that Puralytics' SolarBag received its
Global Honor Award for Drinking Water Supply for its innovative solution to providing access
to safe drinking water in Malawi. To-date, the SolarBag has been sold in more than 50 countries
and is available for purchase online and through a growing number of retail outlets.
The Shield is a low cost of ownership and broadly effective advanced water purification system.
It’s designed for decentralized solutions for drinking water, industrial waste polishing and
laboratory water applications using LEDs, advanced optics and nanotechnology, treating up to
1,000 gallons of water per day. The Shield has been deployed in 11 counties through Puralytics
growing network of distribution partners.
The LilyPad is a sunlight activated solution that addresses contaminants from storm water runoff and from other industrial waste water sources in retention ponds. Still in its implementation
phase, Puralytics was awarded an OregonBEST grant, courtesy of the Oregon Built
Environmental and Sustainable Technologies Center, and is working with Oregon State
University to test the LilyPad and bring the technology to a marketable product.
About Puralytics
Puralytics, a water purification equipment company headquartered in Beaverton, Oregon, has developed a
patented photochemical water purification process using only light to activate an advanced
nanotechnology photocatalyst. Water is purified through five simultaneous photochemical reactions,
breaking down chemical compounds (such as petrochemicals and pharmaceuticals), reducing and
removing heavy metals (like arsenic, lead, and mercury), and sterilizing bacteria, viruses, and other
pathogens. Puralytics has won numerous awards including National Grand Prize at the Cleantech Open,
selection as a Global Water Intelligence “Best Investment,” the Zino Green Fund “Best Cleantech
Investment,” was listed by Inc Magazine as one of the top 8 water investments of 2012, and finalist for
both the ImagineH2O Water Energy Nexus Award and for TechCrunch cleantech award. Puralytics was
also named a Top 50 Water Technology Company by The Artemis Project, and placed on the Global
Cleantech 100 - a list of the top 100 private companies in clean technology as evaluated by the Cleantech
Group LLC. Most recently, Puralytics received the 2013 Global Honor Award from the International
Water Association, citing its demonstrated success with SolarBag as a clean drinking water solution in
Africa.