Media Coverage
Media Coverage
Press Contacts: Erik Cummins, Matt Hyams, Olivia Thomas
08.10.23
Pillsbury advised Chevron Technology Ventures on its investment in an oversubscribed Series A funding round for Compact Membrane Systems (CMS), a pioneer in advanced membrane technology.
CMS membranes are a breakthrough solution designed to be contaminant resistant, low energy, and easy to use, eliminating the need for regeneration, steam, or chemical solvents, according to a company press release.
The funding round totaled $16.5 million, which will accelerate the development and commercialization of their olefins and carbon capture solutions. The company intends to have a fully electrified solution by 2026.
Click here to read the full company press release.
The Pillsbury deal team included Corporate partner Christina Pearson, Corporate counsel Paul Casas and associate Kristin Garr.