What is Aclarity?
Aclarity is at the forefront of addressing the global challenge posed by Per- and Polyfluoroalkyl Substances (PFAS), commonly known as "forever chemicals." These chemicals are notorious for their persistence in the environment and their accumulation in biological tissues, posing significant health risks. Traditional methods of PFAS remediation often involve a cycle of extraction and disposal, which can inadvertently reintroduce these hazardous substances into the environment through landfills, incineration, or deep well injection. Aclarity's proprietary technology utilizes an electrochemical process to break the robust carbon-fluorine bonds that make PFAS so durable, offering a definitive solution to end the perpetual contamination cycle. This approach marks a significant departure from conventional, less effective methods, positioning Aclarity as a key innovator in environmental technology and hazardous waste management.
How much funding has Aclarity raised?
Aclarity has raised a total of $20.2M across 3 funding rounds:
Other Financing Round
$1M
Angel/Seed
$3.3M
Series A
$15.9M
Other Financing Round (2019): $1M with participation from Springfield Venture Fund, Alchemy Group, and Maroon Venture Partners Fund
Angel/Seed (2022): $3.3M led by UMass Maroon Fund, Burnt Island Ventures Fund I, MassVentures, and DCVC Management
Series A (2023): $15.9M supported by Nor'easter Ventures, HG Ventures, and MassVentures
Key Investors in Aclarity
Nor'easter Ventures
Nor'easter Ventures is an investment firm focused on early-stage deep tech companies that aim to create impactful climate solutions. They partner with mission-driven entrepreneurs leveraging advanced technologies such as polymer chemistry, machine learning, and synthetic biology to transform markets and improve quality of life.
HG Ventures
HG Ventures is the corporate venture arm of The Heritage Group, headquartered in Indianapolis, Indiana, USA. HG Ventures supports innovation and growth across The Heritage Group by investing and partnering with innovative, high-growth companies to support a sustainable future.
MassVentures
MassVentures, headquartered in Boston, MA, is a venture capital firm. The company sources investment and grant opportunities in addition to supporting venture and START portfolio companies and entrepreneurs.
What's next for Aclarity?
With the recent major strategic investment, Aclarity is poised to accelerate the deployment of its Octa PFAS destruction systems. This capital infusion is expected to fuel expansion into new markets, enhance manufacturing capabilities, and further research and development efforts to broaden the scope of PFAS compounds addressable by their technology. The company's focus on disrupting the PFAS contamination cycle aligns with increasing regulatory pressures and public demand for effective environmental solutions. Aclarity's trajectory suggests a move towards broader commercialization and strategic partnerships, aiming to establish its technology as the industry standard for PFAS remediation. The enterprise-level funding context indicates a strong belief in the company's long-term viability and its potential to achieve significant environmental impact.
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