Frisco, Texas, 10/24/2023 – Crystal Clearwater Resources LLC (CCR), a clean-tech industrial water purification company, announces the successful completion of its Series-A funding round, garnering significant investment. The financing round was led by Elk Mountain, Ltd.
CCR has demonstrated promising growth and has established a significant presence in treating challenging wastewater streams, especially in the oil & gas produced water sector. This new capital infusion will enable the company to expand its product line, scale operations, and penetrate new markets. “This investment is not just a testament to what our team has achieved so far but also a vote of confidence in our vision for the future. We are deeply grateful for this opportunity and partnership with Elk Mountain, Ltd., and I look forward to working closely with our new board member, Mr. Russell Gordy,” expressed Derek Pedersen, Co-Founder and CEO.
Mr. Gordy expressed his enthusiasm for the partnership: “We’re thrilled to back CCR in this next chapter of their growth. Their unique approach to treating challenging wastewater streams and impressive traction in the market makes them a standout in the industry.”
With the Series-A funds, CCR plans to:
· Pilot and launch its next-generation proprietary technology.
· Launch innovative solutions to tackle emerging challenges.
· Scale operations in new industries and territories.
For more information about Crystal Clearwater Resources, LLC, its products, or this funding announcement, please contact Marina Garcia, PMP, at mgarcia@ccrh2o.com.
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