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Edition 14 · Jul 6–Jul 12, 2026 · Signal Log

Flathead Forge takes a first check into NALA Membranes

A quiet week with one financing in it. Flathead Forge Fund 1 invested an undisclosed amount in NALA Membranes, the Morrisville developer of chlorine-stable membranes for industrial water purification and reuse, and one of 50 semifinalists in the $119M XPRIZE Water Scarcity competition. No amount and no security type were named. Every date below is the date of the source we took it from.

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signals

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capital

1 round

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new companies

discovered

None

Financings with a disclosed amount

The one investment in the window was announced without a figure or a security type.

Standout of the week

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NALA Membranes

Morrisville cleantech developing chlorine-stable reverse osmosis and nanofiltration membranes.

Flathead Forge Fund 1 invested an undisclosed amount in NALA Membranes.

Flathead Forge Fund 1, a Houston hard-tech fund, disclosed the investment on July 6 without naming an amount or a security type. The release describes NALA as a North Carolina developer of chlorine-stable membranes for industrial water purification and reuse, winner of the Grand Prize at the 2024 Global Prize for Innovation in Desalination, and one of 50 semifinalists chosen from 674 teams across 86 countries in the $119M XPRIZE Water Scarcity competition.

Flathead Forge via GlobeNewswire·Jul 6

Deep dives

Capital

1 rounds

One investment, and no amount attached to it.

Coming up

Durham

NC IDEA Fall 2026 grants information session at Frontier RTP

Ahead of applications opening July 27.

Triangle

NC IDEA Fall 2026 MICRO and SEED applications open

MICRO ($10K) and SEED ($50K) non-dilutive grants; applications close August 24.

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