Hexivon, a Dallas-based water technology company, has received a strategic investment from Hillwood, a Perot company with an extensive infrastructure development portfolio. Financial terms were not disclosed. The investment is intended to accelerate the commercial rollout of Hexivon’s technology, which destroys polyfluoroalkyl substances — commonly known as PFAS or “forever chemicals” — in water at the molecular level rather than filtering and relocating them.
PFAS compounds have become a significant public health and regulatory concern because conventional treatment methods such as carbon filtration, ion exchange, and reverse osmosis extract PFAS from water but generate contaminated waste that must be hauled away and stored. Hexivon’s system operates differently: it pulls PFAS from flowing water and breaks the chemical bonds apart on site, leaving no harmful residue and producing zero waste. The process operates at ambient temperature and requires no off-site disposal.
The technology was validated in a 2025 pilot conducted in Cary, North Carolina, where source water tested at 40 parts per trillion of PFAS. Following Hexivon treatment, PFAS levels were non-detectable. The system processed 150,000 gallons per day with no waste output, and results were verified by independent, EPA-certified laboratories.
Demand for effective PFAS treatment is accelerating on multiple fronts. New federal EPA standards for PFAS in drinking water have created compliance obligations for water utilities nationwide, and in Texas, House Bill 500 directed more than $1 billion to the Texas Water Development Board for water infrastructure projects, including PFAS remediation. Across the Dallas-Fort Worth region specifically, 29 public water systems have already exceeded EPA PFAS standards, creating an immediate local market for deployment. Hexivon noted that Texas HB500 funding is available to qualifying DFW water systems, with an application deadline of July 30, 2026.
Hillwood’s involvement brings infrastructure development experience and public-sector relationship depth alongside capital, positioning the partnership to pursue municipal, industrial, and government customers across the United States.
KEY QUOTES:
“We invested in Hexivon because we believe the company has developed a disruptive approach to addressing one of the most pressing environmental challenges facing communities today. We believe this collaboration can help accelerate adoption of meaningful PFAS treatment solutions across the country.”
Ross Perot, Jr., Chairman, Hillwood
“Hillwood brings far more than capital to this relationship. Their experience developing complex infrastructure projects, working with public-sector stakeholders and deploying long-term investment capital makes them an ideal strategic partner as we accelerate commercialisation of our PFAS destruction technology.”
Kevin Boscamp, Chairman, Hexivon
