Gas-separation investment

Low Carbon Accelerator, an investment fund specialising in low carbon services, has announced a £1.24m investment in Canadian gas separation company, Vaperma.

Low Carbon Accelerator, an investment fund specialising in low carbon services, has announced a £1.24m investment in Canadian gas separation company Vaperma.

 

The investment is part of a CAN$6.9m (£3.7m) funding round, which includes investment in Emerald Technology Ventures, Volvo Technology Transfer Corporation, BDC Capital and Fonds d'investissement en developpement durable (FIDD).

 

Vaperma has used the initial funding to expand its commercial operations and further develop its Siftek membrane-based ethanol dewatering system.

 

The technology is said to offer potential energy savings of up to seven cents per US gallon of ethanol when used in the ethanol dewatering process.

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