Air Purification Innovator, Molekule, Secures $58 Million in Series C Financing, Signaling Strong Investor Backing in the Fight for Clean Air (PR Newswire)

Air Purification Innovator, Molekule, Secures $58 Million in Series C Financing, Signaling Strong Investor Backing in the Fight for Clean Air

UF startup Molekule, the leader in reinventing air purification, announced it closed $58 million in Series C funding, led by RPS Ventures with participation from Founder’s Circle Capital. Existing investors included Foundry Group, Crosslink Capital, Uncork Capital, and TransLink Capital, along with new participation from Inventec Appliances Corp (IAC). This latest funding round is further validation from the investor community that the air purification industry is due for advancements in science and technology, while the market is poised for growth.

“Over the years, air quality has become a worsening issue,” said Dilip Goswami, co-founder of Molekule. “This financing will enable us to continue to innovate our technology to revolutionize air quality in a way the industry has yet to see from other players in the space. We’re excited to continue to scale the technology and deliver innovation of this nature to the masses.”

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