Heartland's core product is the Heartland Concentrator™, a packaged system designed to deliver zero liquid discharge (ZLD) in a single unit operation. The company says the Concentrator operates with little to no pre-treatment, high reliability, and lower life-cycle cost than traditional evaporation technologies. The articles cite an established multi-year track record—variously described as eight- and ten-year histories—treating landfill leachate, power plant FGD and CCR pond water, and O&G produced and frac water. Heartland closed a $12 million equity round to accelerate commercial growth, expand its product line, and push into key global markets. It also plans to use part of the proceeds to offer customers long-term service contracts to provide treatment solutions without upfront capital outlays and to create a recurring revenue stream. The company has reorganized its corporate structure, established a new world headquarters in Waltham, MA, and is changing its name to Heartland Water Technology, Inc.

Total raised

$12M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2017