Uravu Labs’ Bet: Sell Water From Air to Data Centers
Uravu Labs makes water from air at 2 cents a liter, 1 cent on waste heat. Inside the strategy that hunts data centers and their $569M water-CAPEX market.
Water Tech Business
The First New Reverse-Osmosis Membrane in 40 Years
Nala Membranes made the first new reverse-osmosis membrane in 40 years, a chlorine-tolerant film that targets biofouling and about 24% of RO operating cost.
Evove Raised $13M. Its DLE Rivals Raised 25x That. Kurita Picked Evove.
Evove raised under $13M for its direct lithium extraction membranes, a fraction of rivals like Lilac, yet won Kurita’s exclusive global rights. Here is why.
Why Specialist Water Funds Are Finally Emerging: The Cycle H2O Bet
A third of the world economy depends on water, yet it draws barely $1 of every $1,000 in venture capital. Inside Cycle H2O’s bet and its first three cheques.
How AqueoUS Vets Scaled PFAS Removal to 120+ Projects
AqueoUS Vets removes PFAS across 120+ US projects with ion exchange that treats 10 to 20x the water of carbon, and became Bain Capital’s first water company.
Seven Seas Water: How Water-as-a-Service Built a $1B Exit
Seven Seas Water sold for a reported $1bn+, roughly double its 2020 price. Here’s how Water-as-a-Service turns desalination into a billion-dollar asset.
Will Gradiant IPO? 600 Water Bets, Zero Public Exits
Private equity owns nearly 600 water platforms and ran 165 deals in 2025, yet water tech has almost no IPOs. Will Gradiant’s $2B unicorn cut the cord?
How HG Ventures Quietly Became a Top-5 Water Tech Investor
By deal count, HG Ventures is the 5th most active water tech investor, and the only corporate venture arm in a top five of specialists. Here’s how, and why.
Real-Time Water Quality Monitoring vs the 1887 Petri Dish
The standard drinking-water test dates to 1887 and takes 72 hours. Real-time microbial monitoring cuts that to seconds, and 2025 was its best funding year yet.
SOURCE Global: How a $270M Water Startup Died in 12 Months
SOURCE Global raised $270M from Gates, Bezos and BlackRock to make drinking water from air, one of water-tech’s most-funded firms ever. Then it collapsed.
SKion Water: 32 Quiet Deals, One $1.8 Billion Loud Exit
SKion Water, the BMW heiress’s water platform, made 32 acquisitions with one disclosed price, then sold Ovivo’s Electronics arm to Ecolab for $1.8 billion.
H2O Innovation: Inside a 19-Deal Water M&A Playbook
H2O Innovation made 19 verified water acquisitions for US$99M disclosed, and only one shows a documented banker-run process. Inside the sole-source playbook.