Today Molekule, the company behind the only molecular air purifier proven to destroy indoor pollutants, announces $10.1 million in Series A funding. Led by Crosslink Capital with participation from SoftTech VC, Translink Capital, and Foxconn, the round will be used to scale production, expand its team, and build out the product pipeline. Molekule is also announcing the device’s availability to the general public.
Our air quality is rapidly declining due to increasing industrialization and other environmental factors. While unhealthy for everyone, for the one in four allergy and asthma sufferers in the U.S., poor air quality can be debilitating — particularly since climate change and rising levels of pollution are shown to worsen such symptoms. Read the rest here.