PE · WATER INVESTOR
BlackRock
BlackRock is a water-focused private equity that has backed 1 water company since 1988. (don't) Waste Water rates its water commitment One-Off.
One-Off
Water Commitment
Type
Private Equity
AUM
$13500.0B
Founded
1988
Stage
Series C - Series D
Median round
$90M
Portfolio
1 cos
Water Commitment Score
Tier
One-Off
1 water companies · last deal 2022 · leads ~50% of rounds · Med confidence
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
Median round$90Mrange $50M - $130M · 2 disclosed
Portfolio · 1 water companies
$130MSeries D · 2022
Invests alongside
Breakthrough Energy Ventures2x
Material Impact2x
Duke Energy2x
Microsoft Climate Innovation Fund1xFifth Wall1xMonashee Capital1xHarvard Management Company1xThe Lightsmith Group1xWind Ventures1x
Highlighted = profiled on (don't) Waste Water.