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Reading: Singapore’s MediSun Energy Secures $8.75M to Transform Osmotic Energy
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Deep Tech

Singapore’s MediSun Energy Secures $8.75M to Transform Osmotic Energy

Rary Maharani
Last updated: November 27, 2024 9:54 pm
Rary Maharani
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1 Min Read
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  • MediSun receives major funding boost
  • Saudi partnership accelerates expansion plans
  • Technology targets water-energy sustainability solutions

Contents
Big Money, Bigger DreamsSaudi Arabia Takes NoticeGreen Innovation Takes Flight

Big Money, Bigger Dreams

Southeast Asian venture capital powerhouse Vynn Capital leads a groundbreaking $8.75 million seed investment into MediSun Energy.

The Singapore-based osmotic energy pioneer secured $5 million in venture debt plus $3.75 million in equity financing, pushing its valuation to $44 million. Notable investors include Saudi-based MOAJ Holding, TNB Aura, Frank Phuan, plus climate tech specialist Ciri Ventures.

Saudi Arabia Takes Notice

MOAJ Holding demonstrates strong confidence through an additional $30 million commitment toward MediSun’s Saudi Arabian operations. This partnership establishes a local joint venture, positioning MediSun to revolutionize the MENA region’s energy landscape through two new production facilities.

Green Innovation Takes Flight

MediSun’s zero-brine technology stands at the intersection of clean energy production plus water management. CEO Dusun Kim’s vision aligns perfectly through Vynn Capital’s strategy to address Southeast Asia’s growing renewable energy demands. The partnership promises to tackle regional water scarcity issues through innovative energy solutions.

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