MediSun Energy secures $8.75M in funding, boosting plans for expansion and R&D in osmotic energy.

MediSun Energy, a company specializing in osmotic energy technology, secured $8.75 million in seed funding from Vynn Capital. The investment includes $5 million in venture debt and $3.75 million in equity, boosting MediSun's valuation to $44 million. The funds will support the company's expansion into the MENA region and enhance R&D, with plans to establish facilities for membrane and stack production.

November 25, 2024
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