Claros Technologies has secured $10 million in funding through convertible notes to speed up the launch of its ClarosTechUV PFAS Destruction System.
This funding comes as global laws are becoming increasingly stringent, resulting in stricter compliance requirements, heightened legal actions, and increased scrutiny of manufacturers using PFAS. There is an increasing demand for effective and affordable technologies that can eliminate ultra-short-chain PFAS, and Claros is seeing strong interest in its solutions in North America, Europe, and Asia.
A wide range of investors supported this convertible note. Many existing backers, including Capita3, the University of Minnesota, American Century Private Investments, and the F. R. Bigelow Foundation, participated again, along with new strategic investors. This diverse group is dedicated to supporting Claros in advancing its mission and strengthening its market position.
With this new funding, Claros has raised a total of $39 million since it started, including early grants and investments. The new funds will help scale up the ClarosTechUV PFAS Destruction System, expand pilot and installation programs globally, and develop commercial operations in North America, Europe, and Asia.
KEY QUOTES:
“Our recent pilot with Daikin America, Inc.—where our ClarosTechUV™ PFAS Destruction System achieved 99.99% destruction of targeted PFAS in high-flow wastewater—was a watershed moment for industrial operations and a major milestone for Claros. That pilot not only set a new benchmark for what’s possible in scalable, low cost and permanent PFAS destruction, it validated our ability to destroy all PFAS species (long, short, and ultra-short) at scale, efficiently and affordably. Interest in Claros has been building steadily as regulatory pressure intensifies and industrial stakeholders seek permanent and reliable PFAS solutions. The Daikin pilot marked a powerful inflection point—and this convertible note is not just a vote of confidence from our investors, but a critical enabler of our ability to scale quickly and meet the urgency of the moment.”
Michelle Bellanca, CEO and Co-Founder of Claros
“There’s no denying that Claros is at the forefront of addressing one of the most pressing environmental challenges of our time. While PFAS will remain part of many essential industrial processes for the foreseeable future, there’s no reason the waste streams involved in making and using them should continue seeping into the environment. Claros delivers a best-in-class solution that cuts PFAS off at the source—destroying them in a scalable, cost-effective way that meets today’s regulatory demands while helping industry stay ahead of the environmental standards of tomorrow.”
Steve Sefton, the Chairman of Clearwater Equity, one of the new investors in the note
“We’ve believed in Claros from the very beginning, and this latest financing only deepens that conviction. Years from now, when the story is told about how industry finally figured out how to keep PFAS out of the environment, there will be a defining break in the timeline—before Claros, and after Claros. The company is building a solution that gives PFAS manufacturers and users a real economic incentive to do the right thing—one that aligns with tightening regulations across jurisdictions and delivers meaningful benefits for business and the environment.”
Kathy Tune, Managing Partner at Capita3
