The Flow Technologies segment designs, manufactures and markets products and services designed for the transfer and flow of clean water, wastewater and a variety of industrial applications.

FORBES: #1,468 Pentair

The startup also plans to use the money to develop products for processing wastewater and delivering purified water for industrial operations such as oil and gas or beverage production, Green said.

FORBES: NanoH2O Lines up $60.5M For Water Purification Tech

The company is now growing its portfolio from municipal wastewater projects to include industrial contracts, desalination and water-reuse projects.

FORBES: BY ELIZABETH BROOMHALL AND ROBERT OLSEN