VC · WATER INVESTOR

Blue Bear Capital

Blue Bear Capital is a water-focused venture capital that has backed 4 water companies. (don't) Waste Water rates its water commitment Committed.

Committed
Water Commitment
Type
Venture Capital
AUM
$250M
HQ
Los Angeles, United States
Stage
Seed - Series B
Median round
$6M
Portfolio
4 cos

Water Commitment Score

Tier
Committed
4 water companies · last deal 2026 · leads ~33% of rounds · High 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

Seed1
Series A3
Series B1
Median round$6Mrange $1.1M - $60M · 6 disclosed

Portfolio · 4 water companies

Hydrosat
Hydrosat provides thermal infrared satellite imagery and analytics-generating surface temperatu
$60MSeries B · 2026
Cala Systems
Cala Systems develops compact residential heat-pump water heaters that use a smart, software-co
$4.8MLED 2025
Copper Labs
Copper Labs sells wireless signal “edge IoT” receivers and a cloud analytics platform that capt
$1.1MSeries A · 2023
Pani Energy
Pani Energy is a provider of a cloud-based analytics platform that uses machine learning to hel
$6.4MLED Seed · 2021

See the full portfolio in Leviathan →

Invests alongside

Oaktree Capital Management, Inc.2x Santa Barbara Venture Partners2x Cultivation Capital2x OTB Ventures2x Statkraft Ventures2x Clean Energy Ventures1x National Grid Partners1xTechstars Sustainability Accelerator1x Freeflow1x

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