Ardent

formerly COMPACT MEMBRANE SYSTEMS, INC.

Ardent is a clean energy company in New Castle, United States, founded in 2021. It has raised $23.7M across 11 rounds, most recently a $16.5M Series A in August 2023.

Scalable Membrane Solutions to Accelerate Decarbonization

Employees
11–50
Founded
2021
Business Model
B2B
Total Funding
$23.7M
Last Round
$16.5M Series AAug 2023
Rounds
11

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 11 funding rounds and 4 investors for this company. The full record is or through the API.

About

Ardent Process Technologies (formerly known as Ardent) is an advanced membrane technology company based in New Castle, Delaware, developing scalable membrane separation solutions to decarbonize industrial processes. The company's flagship Optiperm™ platform includes two core product lines: Optiperm™ Olefins, which enables propylene recovery from polypropylene purge streams, and Optiperm™ Carbon, which provides point-source CO₂ capture for industrial and gas-fired power facilities. With over 30 years of membrane development and deployment experience across applications including oil dehydration, degassing, and solvent recovery, Ardent's technology uses up to 40% less energy than traditional solvent-based separation processes. The company serves customers in petrochemicals, oil and gas, cement, steel, and power generation, with partners including Braskem, Chevron, Technip Energies, and Syensqo.

Summary

It lists 11–50 employees. It has raised $23.7M in total across 11 rounds, most recently a $16.5M Series A round in Aug 2023. Investors include Pangaea Ventures, Solvay Ventures and Chevron Technology Ventures.

Tech & App Stack

5 technologies & apps tracked

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Funding History

Data from Indexed.vcUpdated
Series ASeries AAug 2023
$16.5M

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Funding: Grant through Series A. Amounts, valuations, and investors where available.

Investors

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