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FLUID: Industrial equipment manufacturer, seller, and repairer for power generation, refining, water, wastewater, and mineral processing.
FLUID is a Lakewood, Colorado-based enterprise that manufactures, distributes, and repairs industrial equipment designed specifically for heating, cooling, filtering, and transporting liquids and gases. The organization delivers specialized engineering services alongside its core hardware offerings, catering primarily to heavy industry clients operating within the power generation, petroleum refining, municipal water, wastewater management, and mineral processing sectors. Operating with a dedicated workforce of approximately 26 employees across its primary headquarters and additional regional facilities in Utah, the business generates an estimated $9.4 million in annual revenue. To support its ongoing manufacturing operations, equipment distribution networks, and technical repair capabilities, the company has historically secured less than $5 million in total external funding. FLUID was originally established in the year 1978 to supply critical fluid management infrastructure and process problem-solving expertise to these diverse industrial markets.
FLUID has raised $6.9M across 2 funding rounds.
FLUID has raised $6.9M in total across 2 funding rounds.
FLUID has raised $6.9M in total across 2 funding rounds.
FLUID's investors include Yinglan Tan, Correlation Ventures, Joe Zell, New Enterprise Associates.
FLUID, as a technology company, primarily refers to Fluid Technology Solutions, Inc. (FTS), a global leader in advanced water treatment technologies. FTS develops and delivers innovative solutions based on Forward Osmosis (FO) and High Brine Concentration Recovery (HBCR™) membrane technologies, targeting complex wastewater challenges. Their products serve corporate, industrial, and municipal customers worldwide, focusing on achieving efficient water reuse and Zero Liquid Discharge (ZLD) through integrated membrane and crystallization processes[1]. This positions FLUID as a critical player in sustainable water management, addressing environmental and regulatory pressures.
Fluid Technology Solutions was founded with a mission to solve difficult water treatment problems using cutting-edge membrane technologies. While specific founding year and founders are not detailed in the available sources, the company has evolved by focusing on FO and HBCR membrane R&D, manufacturing, and system engineering to meet diverse industrial needs globally[1]. This evolution reflects a commitment to innovation in water treatment, responding to growing demand for sustainable and energy-efficient wastewater solutions.
FLUID rides the critical global trend of sustainable water management amid increasing water scarcity and stricter environmental regulations. The timing is crucial as industries and municipalities seek cost-effective, energy-efficient wastewater treatment technologies to reduce environmental impact and comply with regulations. FLUID’s FO and HBCR technologies address these market forces by enabling high recovery rates and minimal waste discharge, influencing the broader ecosystem by advancing membrane technology adoption and promoting circular water use[1].
Looking ahead, FLUID is well-positioned to capitalize on rising demand for sustainable water treatment solutions driven by climate change, regulatory tightening, and industrial growth. Continued innovation in membrane performance and system integration will likely enhance their market leadership. Their influence may expand as water reuse and Zero Liquid Discharge become standard practices globally, potentially opening new sectors and geographies. FLUID’s trajectory underscores the increasing importance of advanced membrane technologies in the future of environmental technology.
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*Note:* There are other companies named Fluid Technology with different focuses, such as Fluid Technology Corporation in New Jersey specializing in liquid handling equipment distribution and service[2], and Fluid Technology, LLC in Colorado offering industrial blowers and compressors[3][4]. The above overview specifically addresses Fluid Technology Solutions, Inc., the water treatment technology company.
FLUID has raised $6.9M across 2 funding rounds. Most recently, it raised $5.2M Series A in February 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 29, 2024 | $5.2M Series A | Yinglan Tan | |
| Nov 17, 2016 | $1.7M Seed | Correlation Ventures, Joe Zell, New Enterprise Associates |