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§ Private Profile · Wooster, OH, USA
Develops and manufactures absorbent materials & systems for water remediation and environmental cleanup, removing hydrocarbons & VOCs.
Based in Wooster, Ohio, ABSMaterials develops and manufactures advanced absorbent materials and hardware systems designed for industrial water remediation and environmental cleanup projects. The company utilizes a proprietary swellable glass nanomaterial, commercially known as Osorb, to extract hydrocarbons, volatile organic compounds, heavy metals, and toxic chemicals from contaminated groundwater and surface water sources. Operating through a business-to-business sales model, the enterprise provides its specialized water treatment hardware and remediation services to institutional clients across the oil and gas, industrial manufacturing, and municipal stormwater management sectors. ABSMaterials commercialized its core chemical extraction technology following initial discovery research conducted at the College of Wooster, subsequently raising over $7 million in early venture funding to scale its manufacturing operations and commercial footprint. The organization was officially founded in 2008 by co-inventors and entrepreneurs Paul Edmiston and Stephen Spoonamore.
ABSMaterials has raised $4.0M across 1 funding round.
ABSMaterials has raised $4.0M in total across 1 funding round.
ABSMaterials has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Series B in November 2013.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 22, 2013 | $4M Series B | RKS Ventures | Douglas W. Jamison | Announced |
ABSMaterials has raised $4.0M in total across 1 funding round.
ABSMaterials's investors include RKS Ventures, Douglas W. Jamison.