Private Equity Round in 2020
CLEARAS Water Recovery, Inc. specializes in developing biological-based water treatment technologies aimed at nutrient recovery from wastewater. Its primary solution, the Advanced Biological Nutrient Recovery System (ABNR), utilizes microalgae and other biological organisms to effectively recover excess nitrogen, phosphorus, and other contaminants from industrial water discharge and wastewater effluents. This innovative system manages the interplay between mechanical and biological processes in a continuous flow environment, producing a plant-based biomaterial co-product that can be upcycled into various markets, such as plastics, foams, animal feeds, and soil enhancements. CLEARAS serves both municipal and industrial point source dischargers, emphasizing a renewable and controlled process to optimize performance. Founded in 2008 and based in Missoula, Montana, the company was previously known as AlgEvolve Inc. before rebranding in July 2013.
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