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NSS Water Enhancement Technology AB has raised 7.2 million SEK through a new share issue, improving its financial standing for the commercialization of its ultra-pure water technology aimed at the semiconductor sector. The funding round includes investments from Grow Venture Partners and SkyDeck Europe, along with participation from existing shareholders such as Longrun Capital and GU Ventures.

Additionally, Erik Östreng has been appointed Chief Technology Officer, leveraging his extensive semiconductor industry experience for the company's growth. The capital will be allocated to sales expansion, pilot initiatives, and further technology development.