HOUSTON – Troutman Pepper Locke represented Climate Investment, an independently managed specialist investor in decarbonization technologies, as lead investor in a $27 million Series B equity raise by Membrane Technology & Research, Inc. (MTR). MTR is a global leader in membrane-based industrial gas separation technologies used in petrochemicals, oil and gas production, power generation, carbon capture, and other major industries. For more information, see the press release.
This funding will enable MTR to build on its leading position in membrane research and development, expand its manufacturing capacity, and accelerate the deployment of its fully commercialized membrane technologies, which provide cost-effective solutions for hydrocarbon recovery, hydrogen separation, natural gas sweetening, and fuel gas conditioning.
The Troutman Pepper Locke team that advised Climate Investment was led by Brian Rose and Jeremy Petersen and included Ed Razim, Lani Blake, Buddy Sanders, Peter Jeydel, Dan Anziska, and Liyoda Ovasapians.
Troutman Pepper Locke is very active in the emerging company and venture capital communities, advising clients through every stage of their life cycle, from formation through financing and growth, and their eventual merger, acquisition, or IPO exit. For select companies, the firm also offers the unique Troutman SEED™ program. This development program combines the resources of an experienced, multidisciplinary team into an affordable package for startups, early-stage, and fast-growing companies, providing them with comprehensive legal counsel, mentoring, relationship-building opportunities, and more.
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