Associated Material Processing (AMP) develops a patent-pending sorbent chemical polymer designed to bind heavy metals and remove problematic elements from industrial waste streams and drinking water. Company executives say the product outperforms existing options and could have significant commercial potential if converted into a granular form. AMP plans to use recent investment proceeds to fund product development, streamline operations, and expand sales through product distribution. The firm also recently received a $15,000 grant from the National Energy Solutions Institute–Smart Energy Source Association for work on containment capabilities for coal combustion residue. Financially, AMP received a $400,000 investment in the latest round and previously raised $1.135 million in 2013 led by i2E. AMP was founded in 2011 and is based in Stillwater. Associated Material Processing is commercializing a sorbent chemical polymer developed in the laboratory of Oklahoma State University chemistry professor Allen Apblett, Ph.D. The polymer has been shown to remove arsenic from various industrial wastewater streams, drinking water and land runoff. The company supplies a chemical polymer designed to absorb large quantities of arsenic and phosphate. Founded in 2011 and based in Stillwater, OK, the firm is focused on bringing the laboratory technology to market. Current public reporting highlights the technology's applicability across multiple water remediation use cases. Financial operating metrics were not disclosed in the article.

Total raised

$1M

Funding rounds

2

Latest round

Equity

Latest activity

May 2015