MAR Systems Receives $1,500,000 Series B Financing Round

  • Feed Type
  • Date
    10/30/2009
  • Company Name
    MAR Systems
  • Mailing Address
    30625 Solon Road Unit G Cleveland, OH 44139
  • Company Description
    MAR Systems provides proprietary processes for the removal of metal contaminants from water and industrial fluid waste streams through the use of recycled alumina catalysts — transforming waste alumina catalysts into a major contributor for improving the environment.
  • Website
    http://www.marsystemsllc.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,500,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The funding allows MAR to continue product development and commercialization of its Sorbster™ media that removes mercury, arsenic and other heavy metals from water.
  • M&A Terms
  • Venture Investor
    Early Stage Partners, LP
  • Venture Investor
    Undisclosed