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Follow on Google News | Marshall Browning announces a 56 million Euro Pre IPO Private Placement for H20 TechnologiesWith an aim for an Initial Public Offering in the 2nd to 3rd Quarter 2010 H20 Technologies is seeking 56 million Euros in a pre - ipo financing arrangement with boutique venture capital firm Marshall Browning in Japan.
By: Ms. Mai Watanabe Proceeds from the financing will be used primarily for the continuation of development of H20 Technologies advanced carbon nanotube membranes and in preparation for global product commercialization. H20 Technologies is a Taiwanese company that specialises in advanced water purification processes, primarily in the desalination sector. # # # About Marshall Browning: Based in Osaka, Japan, Marshall Browning Venture Capital partners is a venture capital firm that invests time, expertise, and money in seed and early-stage technology companies. Backed by several of Asia's largest institutional investors, Marshall Browning focuses on Asia's new technology and energy technology clusters. End
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