NanoH2O, Inc. announced that it has been selected by Via Maris Desalination Ltd. to provide QuantumFlux (Qfx) high rejection membranes for the expansion of the Palmachim desalination plant in Israel. Via Maris Desalination Ltd. purchased QuantumFlux high rejection membranes for an existing 36,000 cubic meter capacity seawater RO train in 2012 and will commission two additional trains in 2013. These three trains will produce a combined total of 110,000 cubic meters of potable water per day.

NanoH2O, Inc. announced that global operations veteran, Doug Barnes, has joined the company as Chief Operating Officer. Prior to joining the company, Mr. Barnes spent 25 years in high volume manufacturing with Planar. He served in various positions including Vice President of Global Operations and as General Manager, during which he was responsible for establishing commercial and manufacturing operations in Europe and Asia.

NanoH2O, Inc. announced that it has closed a $40 million equity round and $20.5 million in credit facilities. BASF Venture Capital GmbH, Total Energy Ventures International and Keytone Ventures co-led the $40 million equity financing that included all of NanoH2O's existing investors including Khosla Ventures, Oak Investment Partners, CalPERS Clean Energy & Technology Fund represented by Capital Dynamics and PCG Clean Energy & Technology Fund. The $20.5 million in growth capital, working capital and equipment financing credit facilities were provided by Comerica Bank and Lighthouse Capital Partners, with the working capital line backed by the Export-Import Bank of the United States. The $40 million investment brings NanoH2O's total equity funding to $75 million, and total debt and equity funding to over $100 million, making the company one of the most highly funded water technology companies in the industry. Proceeds from the equity offering will enable the company to accelerate its growth, expand its manufacturing capabilities and broaden its product offerings. In connection with this financing, representatives from BASF Venture Capital, Total Energy Ventures and Keytone Ventures will join the company's board of directors.