CVC · WATER INVESTOR

HG Ventures

HG Ventures is a water-focused corporate venture that has backed 7 water companies since 2018. (don't) Waste Water rates its water commitment Anchor.

Anchor
Water Commitment
Type
Corporate Venture
AUM
$200M
Founded
2018
HQ
6320 Intech Wy, Indianapolis, IN 46278, United States
Stage
Seed - Series C
Median round
$10M
Portfolio
7 cos

Water Commitment Score

Tier
Anchor
7 water companies · last deal 2025 · 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 A6
Series B3
Series C1
Median round$10Mrange $3.4M - $58.4M · 12 disclosed

Portfolio · 7 water companies

FREDsense Technologies
FREDsense Technologies designs handheld, battery-powered Field-Ready Electrochemical Detectors
$7MLED Series A · 2025
ElectraMet
ElectraMet manufactures electrochemical filtration systems that use patented carbon electrodes
$10MSeries C · 2025
ZwitterCo
ZwitterCo is a Cambridge MA-based company that develops and sells nanofiltration membranes made
$58.4MSeries B · 2024
Transcend Software
Transcend Software’s cloud-based Transcend Design Generator uses patented algorithms to automat
$20MSeries B · 2023
Puraffinity
Puraffinity manufactures bio-based, functionalised granular adsorbent media that selectively bi
$13.9MSeries A · 2023
Aclarity
Aclarity is a Massachusetts-based venture-backed company developing an electrochemical oxidatio
$15.9MSeries A · 2023
120Water
120Water delivers a cloud-based water quality management platform that integrates sampling logi
$4.5MLED 2021

See the full portfolio in Leviathan →

Invests alongside

PureTerra Ventures2x Colonial First State Diversified Infrastructure Fund2x Allos Ventures2x DCVC2x Verve Ventures2xKindred Capital2x Burnt Island Ventures2x Arosa Capital1xAutodesk1x

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