In a case of new funding for up-and-coming desalination technologies, the Cambridge, Massachusetts-based desalination enterprise, Oasys Water, has raised $10 million in Series A funding round. Oasys - acronym for Osmotic Application Systems - is working at developing a proprietary desalination system called EO - Engineered Osmosis.

The Oasys enterprise joins the league of companies that are dedicated to projects aimed at improving the efficiency of desalination and the required equipments, and have successfully raised funds.

Among these are engineering firm PROINGESA and Madrid Institute for Advanced Study, involved in designing a Capacitive Deinonization device for desalinization; the LA-based NanoH2O working on an enhanced Reverse Osmosis (RO) membrane system; and Michigan-based Pump Engineering, manufacturer of pumps and energy recovery equipment for RO plants.

Oasys' EO system is the brain-child of the company's founder Rob McGinnis who, along with Dr. Menachem Elimelech, conceived it while studying environmental engineering at Yale. As per Oasys' claims, EO differs from the in-use-for-years RO technology in the sense that it does not require high water pressure. And, it might just work out to be the much-awaited, more cost-effective, and more-environment-friendly desalination system!

Venture Funding majors Flagship Ventures and Draper Fisher Jurvetson are the chief investors in the Oasys' venture. These Massachusetts and Silicon Valley firms have already invested in varied projects, and promising cleantech groups.