Thursday, September 25, 2008

Ostara Nutrient Recovery Technologies Raises U.S. $10.5 Million

VANCOUVER, BRITISH COLUMBIA - Ostara Nutrient Recovery Technologies Inc., developer and marketer of proprietary technologies that recover resources from wastewater and recycle them into valuable products, announced today the completion of a U.S. $10.5 million private equity financing. The financing was led by VantagePoint Venture Partners, a leading international CleanTech investor based in Silicon Valley. Also participating was Foursome Investments Limited, a London-based venture investor that focuses on environmental and clean technology. Ostara Nutrient Recovery Technologies Inc. was founded in 2005. Link.