PE · WATER INVESTOR

Forage Capital Partners

Forage Capital Partners is a water-focused private equity that has backed 1 water company since 2006. (don't) Waste Water rates its water commitment Occasional.

Occasional

Water Commitment

Type

Private Equity

Founded

2006

Stage

Series B - Series C

Median round

$45M

Portfolio

1 cos

Water Commitment Score

Tier

Occasional

1 water companies · last deal 2022 · leads ~100% of rounds · Med confidence

How this is scored ↗
as of Jun 2026 · no pay-to-rank

Compiled from official filings, third-party records, and direct intelligence from investors and founders, in Leviathan · recomputed monthly · as of Jun 2026.

How they invest

Series B1

Series C1

Median round$45Mrange $20M - $70M · 2 disclosed

Portfolio · 1 water companies

Ostara Nutrient Recovery Technologies

Ostara Nutrient Recovery Technologies is a company that provides solutions for recovering phosp

$70MLED Series C · 2022

See the full portfolio in Leviathan →

Invests alongside

Cibus Fund2x Grosvenor1x Carica Sustainable Investments1xWheatsheaf Group Limited1x Export Development Canada1x

Highlighted = profiled on (don't) Waste Water.