Baswood Corporation, a privately held company leading innovation in sustainable wastewater treatment solutions, has announced a new round of funding led by Inherent Group, LLC.
According to Michael Walker, CEO of Baswood, the funding will be used to support the company’s strong growth in North America along with continuing expansion within the Asia-Pacific marketplace.
“Baswood’s patented solutions provide a significantly lower energy footprint that results in substantially lower operating costs, while delivering superior digestion and lower solids output. Our systems dramatically lower the life-cycle cost of wastewater treatment, providing a strong return on investment for our customers,” said Walker.
“We are particularly excited about partnering with Inherent Group because of their like-minded commitment to customer value and environmental sustainability.”
Michael Ellis, Managing Director of Inherent Group, said, “We are thrilled to be investing in Baswood. It is our mission to support for-profit firms that address environmental challenges. Baswood’s leadership team and technology are at the forefront of wastewater treatment solutions, creating significant value for customers and improving both water and energy efficiency.”
Founded in 2004, Baswood delivers innovative, technology-based solutions that provide effective BOD (biological oxygen demand) removal, biosolids reduction and water reuse for a wide range of industrial, municipal and commercial applications.
Baswood’s products have been successfully installed in municipal and industrial applications in the U.S., Mexico and Malaysia. For more information, go to www.baswood.com.