Omni Water Solutions, a provider of highly automated mobile water systems for water treatment and re-use, announced today it has secured $4 million in additional equity from existing investors, led by Austin Ventures, and has added former FTS International CEO, Marc Rowland, to its Board of Directors. The new funding enables the company to add to its HIPPO product line for strategic customers in the Permian Basin and Eagle Ford Shale.
Omni Water Solutions, an emerging technology company focused on delivering mobile water treatment platforms for water treatment and re-use, has secured $7.9 million in Series A financing. The round was led by Austin Ventures and also included family office investors connected to land, oil, and gas in the Eagle Ford Shale region of Texas. Pasadera Capital represented Omni in this transaction. Proceeds from the financing will support the company’s plans to build and deploy its HIPPO(TM) treatment units for oil and gas operations where water can be treated and re-used instead of lost to disposal.