{"id":4871,"date":"2026-04-06T18:34:23","date_gmt":"2026-04-06T15:34:23","guid":{"rendered":"https:\/\/ksa.fintechnews.media\/?p=4871"},"modified":"2026-04-06T18:34:23","modified_gmt":"2026-04-06T15:34:23","slug":"saudi-arabias-aramco-ventures-participated-in-36-million-funding-round-for-the-us-based-startup-via-separations","status":"publish","type":"post","link":"https:\/\/ksa.fintechnews.media\/?p=4871","title":{"rendered":"Saudi Arabia’s Aramco Ventures participated in $36 million funding round for the US-based startup Via Separations"},"content":{"rendered":"

Via Separations<\/a>, a leader in process solutions for industrial separations, today announced $36 million in new funding with significant participation from new investors, including Climate Investment, Aramco Ventures, and Marathon Petroleum Corporation, alongside participation from existing backers, including Embark Ventures, The Grantham Foundation for the Protection of the Environment, Massachusetts Clean Energy Center (MassCEC), and Safar Partners.<\/p>\n

The investment will accelerate deployment of Via\u2019s modular filtration platform into the refining and chemical sectors, building on proven commercial performance in pulp and paper to help industrial operators reduce energy use, improve uptime, and strengthen operational resilience \u2014 with the added benefit of lower emissions.<\/p>\n

Via electrifies heat-based separation with modular filtration systems that integrate directly with existing equipment, drastically reducing the energy required for chemical separations. These thermal separation steps account for roughly 12 percent of global energy use, driving significant fuel and steam demand across industrial separations. By replacing them with a mechanically driven membrane process, Via\u2019s system can reduce energy use at the separation step by up to 90 percent, delivering lower operating costs, higher uptime, and a more flexible pathway to energy efficiency and electrification.<\/p>\n

The company has proven the technology at commercial scale in the pulp and paper sector, approaching two years of continuous operation at a pulp mill in Grande Prairie, Alberta, Canada. Via is now expanding deployment into refining and chemicals, with hundreds of millions of dollars of capital projects in the commercial pipeline. The company also completed a pilot at a major Gulf Coast refinery last year.<\/p>\n

\u201cThermal separations represent one of the largest and least-addressed sources of industrial energy consumption,\u201d said Mike Bishop, Investment Director at Climate Investment. \u201cVia\u2019s innovative membrane platform introduces electrification to processes that have depended on heat for more than a century. By seamlessly integrating into existing industrial infrastructure, the company provides a practical solution for reducing energy consumption, enhancing reliability, and significantly lowering emissions.\u201d<\/p>\n

\u201cAt Aramco Ventures, we invest in differentiated technologies that can deliver clear operational value at scale,\u201d said Tibor Toth, Senior Investment Director at Aramco Ventures. \u201cVia Separations\u2019 modular platform addresses a critical step in industrial processing and has strong potential to enhance efficiency and unlock additional capacity within existing refining and chemical assets.\u201d<\/p>\n

\u201cBy proving our technology commercially in one sector, we\u2019ve built the foundation to scale into the much larger refining and chemicals markets,\u201d said Shreya Dave, CEO of Via Separations. \u201cThis investment enables us to deliver more commercial projects across the product portfolio, expand manufacturing capacity, and accelerate global adoption of membrane\u2011based separations.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Via Separations, a leader in process solutions for industrial separations, today announced $36 million in new funding with significant participation from new investors, including Climate Investment, Aramco Ventures, and Marathon Petroleum Corporation, alongside participation from existing backers, including Embark Ventures, The Grantham Foundation for the Protection of the Environment, Massachusetts Clean Energy Center (MassCEC), and […]<\/p>\n","protected":false},"author":1,"featured_media":4872,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[254],"tags":[],"class_list":["post","format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/posts\/4871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4871"}],"version-history":[{"count":2,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/posts\/4871\/revisions"}],"predecessor-version":[{"id":4874,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/posts\/4871\/revisions\/4874"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/media\/4872"}],"wp:attachment":[{"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}