- Existing investors increase commitments as KMX accelerates operational scaling
- New capital fuels growth, AI integration, and strategic team enhancement
- Round strengthens KMX’s balance sheet ahead of next leg of growth
PureTerra Ventures, the global specialist venture firm investing in disruptive water companies, and Archer Private Investments, the innovative private markets investor, have joined Welara in an expanded investment round for KMX Technologies.
KMX Technologies is a leader in Vacuum Membrane Distillation (VMD) technology, working with some of the world’s most innovative companies to maximize water and mineral recovery. KMX is scaling its operational and commercial footprint as demand grows across various end-markets for the company’s proprietary VMD technology.
The latest funding round will accelerate KMX’s expansion into new markets, support AI integration across its platform, and enable strategic additions to its technical and commercial teams.
“The KMX team continues to execute with clarity and discipline,” said Alex Crowell Partner at PureTerra Ventures. “They’ve moved well ahead of schedule from technical validation to real commercial momentum, and we see a significant opportunity ahead. Our follow-on investment underscores our long-term commitment to their success.”
Ted Cleary, Chief Investment Officer at Archer Private Investments, said, “As a co‑founder of KMX and an early champion of its technology, Archer is pleased to expand our commitment in this round. Our strategic leadership and long‑standing support have helped catalyze the broader investor interest reflected in the participation of PureTerra and Welara.”
Zachary Sadow, Chairman and CEO of KMX Technologies, said, “We are thrilled for the additional support and investment from PureTerra and Archer Private Investments. Both have been highly strategic partners, delivering critical operational, commercial, and financial value to KMX”.
PureTerra Ventures’ investment included funds from the European Investment Fund.
About KMX Technologies
KMX Technologies is solving the most critical environmental and energy challenges of the 21st century. Through its proprietary membrane distillation technology, the company sustainably sources critical minerals necessary for next generation supply chains and infrastructure, is advancing wastewater treatment, and is accelerating energy storage with its direct lithium recovery enhancement processes.
About PureTerra Ventures
PureTerra Ventures holds a unique position as the exclusive investment firm focused solely on disruptive water technologies. With a deep understanding of the global water sector, we recognize the urgent need to address the water crisis while embracing the opportunities for innovative solutions. Leveraging our entrepreneurial experience, network, and extensive pipeline of disruptive water technologies, we are ideally positioned to catalyze investment solutions and address water challenges globally. Founded in 2017, our vision of “Clean Water for All” drives our commitment to making a meaningful impact.
About Archer Private Investments
Archer Private Investments manages alternative investment allocations of family members across both private market funds & private companies.
About Welara
Welara is an independent, multi-family office and wealth advisor designed to provide uncompromising excellence for first-generation wealth creators and their families around the world. Established in 2023 in New York, London, and Geneva, Welara was founded by a closely associated group of first-generation wealth creators.
About European Investment Fund
The European Investment Fund (EIF) Is a specialist provider of risk finance to benefit small and medium-sized enterprises (SME) across Europe, and is part of the EIB Group. Its shareholders are the European Investment Bank (EIB), the European Union, represented by the European Commission, and a wide range of public and private banks and financial institutions. The EIF carries out its activities using either its own resources or those provided by the European Investment Bank, the European Commission, by EU Member States or other third parties. By developing and offering targeted financial products to intermediaries, such as banks, guarantee and leasing companies, micro-credit providers and private equity funds, the EIF enhances SMEs access to finance.