Chromafora funding news – Sweden-based Chromafora has Raised €22.5Million in Funding

The company will use the loan to improve its technology for removing harmful PFAS substances from water. This funding will help Chromafora develop and deploy water-treatment units across Europe from 2024 to 2028.

Chromafora, led by Johan Seijmer, specializes in environmental technology. The company has unique water treatment technologies, SELPAXT and SELMEXT, based on its own chemical processes.

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SELMEXT focuses on removing heavy metals and helps recycle valuable materials like gold and other precious metals from waste.

SELPAXT removes both short- and long-chain PFAS substances from water.

SELPAXT removes more than 90% of both long and hard-to-capture short PFAS chains from water. It uses ultrafiltration and special chemical processes, making it ideal for treating water with high PFAS levels.

Both SELPAXT and SELMEXT focus on removing contaminants while minimizing waste through selective filtration.

Chromafora CEO Johan Seijmer said, “The EIB loan is a fantastic verification of our technology, as well as an enabler for faster expansion in Europe, In addition to Sweden, we have already established units in Belgium and will soon establish in more European markets. In both these countries and the neighbouring ones, there is a high demand for treating wastewater from PFAS.”

The company has developed portable water treatment systems that are easy to set up. These systems are mainly designed for industrial customers, such as landfill operators, in Belgium, Sweden, and other European countries.

EIB Vice-President Thomas Östros said, “This operation highlights our commitment to supporting clean-water technologies that benefit both the environment and public health, Chromafora’s innovation addresses a critical challenge while contributing to Europe’s transition to sustainable water systems.”

About Chromafora

Chromafora is a cleantech company with innovative, patented, and patent-pending water treatment technologies: SELPAXT and SELMEXT. Both technologies aim to remove contaminants while minimizing waste.