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BIV · WATER INVESTOR

Burnt Island Ventures

Burnt Island Ventures is the first water-dedicated venture fund of its size. Since 2020 it has backed 34 water companies, typically backing Seed and Series A rounds. (don't) Waste Water rates it an Anchor: a genuine, repeat, still-active water investor, not a one-and-done tourist.

Anchor
Water Commitment
Type
Venture Capital
AUM
$50M
Founded
2020
HQ
United States
Stage
Seed - Series B
Median round
$4M
Portfolio
34 cos

Water Commitment Score

Tier
Anchor
34 water companies · last deal 2026 · leads ~21% of rounds · pure-play water · 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

Seed14
Series A14
Series B4
Median round$4Mrange $35K - $33.4M · 39 disclosed

Portfolio · 34 water companies

CREW Carbon installs on-site reactors at municipal and industrial wastewater treatment plants t
$19MLED Series A · 2026
Cambridge, MA (founded 2022) developer of the first commercial in-situ Total Alkalinity / pH /
$4.8MLED Seed · 2026
HOPE Hydration designs and operates digitally-connected HydroStations that dispense chilled, fi
$20MSeries A · 2025
Onsen provides equipment and digital solutions to improve water and energy efficiency in public
$1.5MSeed · 2025
Flocean develops subsea desalination systems that operate at 500-meter ocean depths to produce
$11.7MSeries A · 2025
2S Water develops on-pipe, laser-induced breakdown spectroscopy (LIBS) sensors that continuousl
$300K2025
AquiSense Technologies is a water treatment company that develops and distributes UV-C LED disi
$2.5M2025
Irrigreen produces a patented ‘digital sprinkler’ that uses a single robotic nozzle, GIS mappin
$19MSeries A · 2025
CivilGrid is a California-based SaaS company that provides a cloud GIS and mapping platform tha
$3.5MLED Series A · 2025
Spout is a U.S.-based water technology company that designs and manufactures countertop atmosph
$2MLED Seed · 2025
Current is a Chicago-based non-profit innovation hub that develops and operates water-technolog
$3.8M2025
LAIIER makes ultra-thin adhesive sensor tapes fabricated with proprietary printed-capacitive el
$4MSeed · 2025
Daupler’s cloud-based Response Management System (RMS) applies AI to capture, prioritize and di
$5MSeries B · 2025
Waterly provides a cloud-native, mobile-friendly software platform for water and wastewater uti
$4MLED Series A · 2025
CNSRV develops and supplies portable machines for rapid defrosting and chilling of food in comm
-LED 2025
AlgaFilm Technologies builds algae-based thin-film photobioreactor units for municipal and indu
-2025
Epoch Biodesign develops engineered enzymes and microbial processes to break down hard-to-recyc
-Series A · 2025
Previsico provides a real-time, property-level flood forecasting platform that combines meteoro
-2025
UK-based Power & Water supplies modular SonoElectroCoagulation (SEC) systems that combine high-
-2025
SewerAI is a California-based start-up that uses algorithms to analyze CCTV footage of sewage p
$15MSeries B · 2024
Ziptility provides a cloud-based SaaS and mobile GIS platform that lets utility crews capture,
$622KSeed · 2024
Subeca is a US start-up that develops smart meter registers and software enabling lower-cost me
$6MSeries A · 2024
TeamSolve offers a cloud-based “knowledge twin” that ingests SCADA data, asset records and SOPs
$2.5MSeed · 2024
Cala Systems develops compact residential heat-pump water heaters that use a smart, software-co
$5.6MSeed · 2024
Aqua Membranes is a developer of patented 3D-printed spacer technology that customizes flat she
-LED Series B · 2024
Aclarity is a Massachusetts-based venture-backed company developing an electrochemical oxidatio
$15.9MSeries A · 2023
Aquafortus is a company that develops non-thermal technology to recover and crystallize high sa
$17M2023
Floodbase offers a satellite-powered data platform that fuses multi-sensor remote sensing, hydr
$12MSeries A · 2023
ZwitterCo is a Cambridge MA-based company that develops and sells nanofiltration membranes made
$33.4MSeries A · 2022
Beagle Services supplies cellular-enabled acoustic and pressure sensors that pinpoint distribut
$4.2MSeed · 2022
Shower Stream supplies a retrofittable IoT shower valve that combines flow- and temperature-sen
$300K2022
StormSensor deploys cloud-connected ultrasonic and temperature sensors in stormwater and wastew
$12.1MSeries A · 2021
Zilper Trenchless manufactures a patented microtunneling machine that combines mechanical cutti
$40K2019
SwiftComply provides a cloud-based compliance management platform that automates fats-oils-grea
$100K2019

See the full portfolio in Leviathan →

Invests alongside

EPIC Ventures3x Emerald Technology Ventures3x Bentley Systems3x DCVC3x Ni Florida, LLC (Ni America Capital Management, LLC)2x Echo River Capital2x MFV Partners2x Sum Ventures2x Ulu Ventures2x

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

The take

In water-focused venture capital, Burnt Island Ventures stands as a beacon of specialized expertise, exclusively dedicated to water-technology innovation. Founded in 2020 by Tom Ferguson out of the Imagine H2O accelerator pedigree, it was the first water-dedicated venture fund of its size: a bet that sector focus, not generalist diversification, is the edge in water. With a portfolio spanning wastewater treatment, subsea desalination, leak detection and utility software, the fund has now backed 34 water companies since inception.

What makes Burnt Island an Anchor on our scale is behaviour, not branding: it comes back (34 distinct water bets, not one), it stays active (deals through 2026), it leads (about a fifth of its rounds), and it is pure-play water. Led by industry veterans Tom Ferguson, Christine Boyle and Steve Kloos, Burnt Island doesn't just write checks: it architects the future of water alongside investors like Emerald, DCVC and Echo River Capital.

Team · 9 profiled

Tom Ferguson
Founder & Managing Partner
in▶ Heard on the podcast
Christine E. BoylePartner
Steve KloosinPartner
Paul HauffenVenture Partner
Jennie GrahamSenior Investment Associate
Marissa SterlinginSenior Platform Associate
Jessica PascoliniinHead of Operations
Nimesh ModakinVenture Partner
Blake LuseinStrategy

Frequently asked

What companies has Burnt Island Ventures invested in?
Burnt Island has backed 34 water companies, including CREW Carbon, Flocean, HOPE Hydration, Aquatic Labs, Irrigreen and AquiSense, spanning wastewater treatment, subsea desalination, leak detection and utility software. The full portfolio is listed above.
What stage and check size does Burnt Island invest at?
Predominantly Seed and Series A, with a few Series B. The rounds it joins have a median disclosed size of about $4M (range $35K to $33M); Burnt Island leads roughly a fifth of them.
Who does Burnt Island Ventures invest alongside?
Its most frequent water co-investors include EPIC Ventures, Emerald Technology Ventures, DCVC, Bentley Systems and Echo River Capital, several of which (don't) Waste Water also profiles.
How large is Burnt Island Ventures?
Around $50M in AUM, founded in 2020, with a pure-play water mandate rather than water as a side allocation.
How do you reach or pitch Burnt Island Ventures?
Burnt Island backs early-stage (Seed to Series A) water-technology companies; founders can reach the team via burntislandventures.com or the partners' LinkedIn profiles listed below.
Is Burnt Island Ventures a genuine water investor, or an occasional dabbler?
A genuine one. With 34 distinct water bets since 2020 and activity through 2026, it sits in the top Anchor tier of (don't) Waste Water's Water Commitment Score, well clear of the majority of investors who make a single water bet and never return.
Heard on the podcast
Making Waves: How Burnt Island Ventures is Reshaping Water Innovation
Listen to Tom Ferguson →