In an exciting development in the world of deep tech startups, MFNS-Tech Inc. has announced that it has secured a seed round investment from Good Growth Capital (GGC). MFNS-Tech has already made significant progress in building its technology, and the new investment will accelerate its development and expand the markets.
"We are thrilled to have secured this seed round investment," said the co-founder Vikas Nandwana. "This funding will allow us to take our technology to the next level and expand commercialization"
About MFNS Tech
MFNS Tech is a nascent startup emerged out of Northwestern University. It has developed a novel environment remediation platform that not only selectively removes pollutants but also recovers them for further disposal/recycling. The innovative and disruptive feature of the OHM products include: (a) reusability, which generates significantly lower (~1000 times) waste and requires far less inventory, and (b) ability to recover the absorbed pollutants such as oil, and other contaminants. The recovery and reuse is very fast that saves time and labor for remediation.
This makes it cost-competitive against the state-of-the-art. OHM products are made from sustainable and environmentally friendly materials, making it an attractive option for companies looking for an eco-friendlier solution. OHM products have received approval from EPA, California Fish and Wildlife. For more info, visit www.mfns-tech.com.
Good Growth Capital (GGC) is an early-stage venture capital firm known for its exceptional expertise in finding, cultivating, and assessing complex science and technology start-ups. Located in both Charleston, SC and Boston, MA, GGC has a diverse scouting pool in the Southeast as well as early-stage technology accelerators at MIT and throughout Research Triangle. For more information, visit www.goodgrowthvc.com