April 7, 2026
Via Separations, a leader in industrial separation solutions, has announced $36 million in new funding to accelerate the deployment of its modular filtration platform. The funding round saw significant participation from new investors, including Climate Investment, Aramco Ventures, and Marathon Petroleum Corporation, alongside existing backers such as Embark Ventures, The Grantham Foundation for the Protection of the Environment, Massachusetts Clean Energy Center (MassCEC), and Safar Partners.
Driving Energy Efficiency in Industrial Processes
The investment will support the expansion of Via’s modular filtration technology into the refining and chemical sectors. Building on proven commercial performance in the pulp and paper industry, the platform helps industrial operators reduce energy consumption, improve uptime, and strengthen operational resilience—all while lowering emissions.
Via’s technology electrifies heat-based separation processes with mechanically driven membrane systems that integrate directly with existing equipment. Traditional thermal separation steps account for approximately 12% of global industrial energy use, driving significant demand for fuel and steam. By replacing these heat-intensive processes, Via’s system can reduce energy use in separation steps by up to 90%, cutting operating costs, improving reliability, and enabling a more flexible pathway to industrial electrification.
Proven Technology, Ready to Scale
The company has successfully demonstrated its technology at commercial scale, with nearly two years of continuous operation at a pulp mill in Grande Prairie, Alberta, Canada. Building on this success, Via is now expanding into refining and chemical sectors, with hundreds of millions of dollars in commercial projects in the pipeline. The company also completed a pilot at a major Gulf Coast refinery last year.
Mike Bishop, Investment Director at Climate Investment, said:
“Thermal separations represent one of the largest and least-addressed sources of industrial energy consumption. Via’s innovative membrane platform introduces electrification to processes that have depended on heat for more than a century. By integrating seamlessly with existing infrastructure, the company provides a practical solution to reduce energy consumption, enhance reliability, and lower emissions.”
Tibor Toth, Senior Investment Director at Aramco Ventures, added:
“Via Separations’ modular platform addresses a critical step in industrial processing, delivering clear operational value and the potential to enhance efficiency and unlock additional capacity within existing refining and chemical assets.”
Shreya Dave, CEO of Via Separations, noted:
“By proving our technology commercially in one sector, we’ve built the foundation to scale into the much larger refining and chemicals markets. This investment enables us to deliver more projects, expand manufacturing capacity, and accelerate global adoption of membrane-based separations.”
About Via Separations
Via Separations provides modular, energy-efficient filtration solutions for industrial separations, helping companies reduce energy use, lower emissions, and improve operational efficiency. By replacing traditional heat-intensive processes with advanced membrane technology, Via is transforming industrial separations for a more sustainable future.
