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Venture Capital News: Aclarity Announces $15.9M Series A Funding

2023-11-06
MANSFIELD, MA, Aclarity has announced the successful completion of its Series A funding round, raising $15.9 million.
Aclarity, the leader in PFAS (Per- and Polyfluoroalkyl Substances) 'forever chemical' destruction, announced today the successful completion of its Series A funding round, raising $15.9 million. This funding round was led by Aqualateral, with participation from HG Ventures, Bidra Innovation Ventures, Nor'easter Ventures, MassVentures, and Burnt Island Ventures. This latest round of funding builds upon a $3.3 million Seed round secured in 2022, propelling the company into an exciting new phase of commercial expansion and innovation.

Aclarity is revolutionizing the elimination of persistent and hazardous 'forever chemicals' known as PFAS, which accumulate in human and animal tissues and persist indefinitely in our environment. Aclarity's Octa™ PFAS destruction systems employ innovative proprietary technology to disrupt the ongoing PFAS contamination cycle. The conventional approach for removing and disposing of PFAS has led to concentrated PFAS materials being reintroduced into the environment through methods like landfill disposal, incineration, and deep well disposal, recontaminating the air, soil, and water. PFAS compounds are inherently resilient due to their strong molecular bonds. Until now, the prevailing method of "remediating" PFAS has involved a perilous cycle of extraction and disposal, either by returning the extracted PFAS to landfills or by incinerating it and emitting toxic aerosols into the atmosphere. Aclarity's technology employs electricity to sever the carbon and fluorine bonds that give PFAS compounds their durability, thus putting an end to the perpetual PFAS contamination cycle.
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