HG Ventures Managing Director Ginger Rothrock said PFAS spending is driven more by industrial liability risk than regulation, citing remediation settlements in the billions.
Rothrock said the firm shifted focus from capture and destruction to detection, aiming to identify when and where PFAS is present to target treatment.
FREDsense is developing portable field kits
FREDsense CEO David Lloyd said the company is developing portable field kits to deliver real-time PFAS screening, targeting faster decisions on treatment and process control.
Early investment followed rising PFAS volumes
She said Heritage Group operating companies flagged rising PFAS volumes around 2018-2019, prompting an early investment in PFAS startup Puraffinity.
XLB•
