PE · WATER INVESTOR

Fondaction

Fondaction is a water-focused private equity that has backed 2 water companies since 1996. (don't) Waste Water rates its water commitment Committed.

Committed

Water Commitment

Type

Private Equity

AUM

$3.1B

Founded

1996

Stage

Seed

Median round

$2M

Portfolio

2 cos

Water Commitment Score

Tier

Committed

2 water companies · last deal 2025 · leads ~50% 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

Seed1

Median round$2Mrange $1.8M - $2.2M · 2 disclosed

Portfolio · 2 water companies

RegenEAU

RegenEAU builds compact heat-exchanger and control systems that recover thermal energy from gre

$2.2MLED 2025

BioAlert Solutions

BioAlert Solutions manufactures an automated on-site qPCR platform that continuously collects w

$1.8MSeed · 2025

See the full portfolio in Leviathan →

Invests alongside

Cycle Capital2x Groupe Marcel Charest et Fils1xCentre for Excellence in Energy Efficiency1xDesjardins1xSpring Impact Capital1xGreenSky Ventures1x

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