CASTion, Worcester, Massachusetts
In sectors from publishing to healthcare to transportation, Venture Fund investments have generated financial, social and environmental returns. CASTion, a Fund I investment, provides custom designed, turn-key wastewater treatment, chemical recovery and water conservation and reuse systems. CASTion was founded in Ludlow, MA – an LMI area— and has created over 40 jobs.
Our Venture Funds sold our holdings in CASTion to ThermoEnergy Corporation, a publicly traded environmental technology company with tremendous traction in municipal wastewater treatment and combustion technologies.