Micron Ventures

Micron Ventures is the venture capital arm of Micron Technology, Inc., focusing on early-stage investments in technology startups. Founded in 2006 and based in Boise, Idaho, Micron Ventures primarily targets companies involved in memory solutions, semiconductor processing, and disruptive technologies across various sectors, including imaging, computing, and wireless applications. The firm aims to invest approximately $100 million over a ten-year period in its portfolio companies, fostering innovation in the semiconductor industry. By leveraging the extensive expertise and resources of its parent company, Micron Ventures supports the development of advanced memory and semiconductor technologies that are integral to everyday products, from consumer electronics to automotive applications.

Sanjay Mehrotra

Chief Executive Officer, President & Board Member

Past deals in Albuquerque, NM

Aqua Membranes

Venture Round in 2021
Aqua Membranes LLC specializes in the manufacture of reverse osmosis (RO) membrane filtration systems for both commercial and household applications. Founded in 2011 and based in Albuquerque, New Mexico, the company utilizes innovative three-dimensional printed spacer technology to enhance membrane performance. This technology replaces traditional extruded mesh feed spacers with customized raised patterns that optimize flow patterns and turbulence, effectively reducing the entrapment of particulates and organic fouling. As a result, Aqua Membranes' products achieve increased permeate flow, improved flux and recovery, lower system pressure drop, and extended operational life for membrane elements. The technology is particularly beneficial for spiral-wound membrane manufacturers looking to enhance their product offerings, providing durable and low-maintenance solutions that can handle challenging feed conditions. Additionally, Aqua Membranes' advanced designs significantly lower both capital and operating expenses associated with membrane plant operations.