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Chemicals and Materials Tech Series A Founded 2007

Imtex Membranes

Imtex Membranes is a membrane-based technology solutions provider for gas separation in the petrochemical and refining industries( The company's flagship Permylene membrane separation technology revolutionizes olefin extraction and purification( representing the only commercially viable( high-performance alternative to traditional distillation techniques for olefin-paraffin separation and purification( The…

📍 Mississauga, Canada · Chemicals Tech,

Funding snapshot

Last roundSeries A
Amount$10M
Date20 May 2020
Total raised$10M
Team size4

About

Imtex Membranes is a membrane-based technology solutions provider for gas separation in the petrochemical and refining industries( The company's flagship Permylene membrane separation technology revolutionizes olefin extraction and purification( representing the only commercially viable( high-performance alternative to traditional distillation techniques for olefin-paraffin separation and purification( The technology is also capable of performing separations that have previously been considered difficult or impractical( Permylene brings significant benefits including greatly reduced capital expenditures and operating costs compared to conventional distillation( substantial environmental benefits through lowered energy consumption for olefin production( and reduced volumes of olefin-containing waste streams sent to flare( The technology uses natural source polymers for membrane production and finds applications in cracking( purge steam recovery( refining upgradation( and natural gas processing( Founded in 2007 and headquartered in Mississauga( Canada( the company has raised $10.0M in Series A funding from investors including SABIC Ventures( Sustainable Development Technology Canada( ERA( Valent( SABIC( and Monteco.

Business model

Nanotechnology > Nanotools > Dielectric Materials Phase Separation,

Oil & Gas Tech > Midstream > Natural Gas Processing > Gas Separation > Energy Efficient Membranes,

Chemicals Tech > Chemical Separation,

Oil & Gas Midstream > Natural Gas Processing > Technology Providers > Gas Separation > Membrane Based

Institutional investors

SABIC Ventures Sustainable Development Technology Canada ERA Valent SABIC Monteco

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