Cowles Company
Cowles Company is a fourth-generation family-owned business based in Spokane, Washington, founded in 1890. The company manages a diverse portfolio of established enterprises and focuses on investing in high-potential growth sectors, including manufacturing, forestry, real estate, digital media, and green technology. Cowles Company is committed to fostering long-term advantages for its shareholders, customers, employees, and the communities it serves.
Past deals in Montana
CLEARAS Water Recovery
Series B in 2016
CLEARAS Water Recovery, Inc. specializes in biological-based water treatment technologies aimed at nutrient recovery from industrial water discharge and wastewater. Its primary offering, the Advanced Biological Nutrient Recovery System (ABNR), utilizes microbiology—specifically microalgae and other biological organisms—to effectively recover excess nitrogen, phosphorus, and other contaminants. This innovative system operates in a controlled, continuous flow environment, optimizing performance by managing retention time, nutrient load, and biological mass. The process is entirely renewable and results in a plant-based biomaterial co-product, which can be repurposed for various applications, including plastics, foams, animal feeds, and soil enhancements. CLEARAS serves both municipal and industrial point source dischargers and is headquartered in Missoula, Montana. The company, originally founded in 2008 as AlgEvolve Inc., rebranded to CLEARAS Water Recovery, Inc. in July 2013.
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