Inovexus

Inovexus started in 2018 as a bridge across the Atlantic, set up out of Paris and Los Angeles by founders who had built companies on both continents and wanted European startups to think global from day one. That is still the whole pitch: take an early-stage B2B founder in France, Germany or Spain, hand them the network, the mentoring and a first cheque, and help them land in the United States.

Inovexus has since grown from a single acceleration fund into a community model, what it calls a deal club, where a crowd of experienced operators and angels co-invest alongside the fund at the pre-seed and seed stage, the two earliest funding rounds. For a newcomer that means two things sit under one roof: the money, and a network of seasoned investors who also open doors. The cheques are small and early, the help is hands-on.

Inovexus is not a water fund, and you should not read this page as if it were. It is a generalist B2B investor, and water turns up as one slice of a much broader climate and software portfolio. But the two water bets I track tell you what kind of water it likes: Droople, which retrofits buildings with internet-connected sensors to turn water use into data a facility manager can actually act on, and Luniwave, whose LuniShower technology cuts the water and energy a hotel burns through on every guest shower.

So the read on Inovexus is a digital-and-efficiency one: software and hardware that measure water and waste less of it, bought early and pushed toward the American market. Across (don't) Waste Water's Leviathan database that adds up to 2 water companies across 2 deals, both at the seed stage, which keeps its water commitment at Committed rather than the pure-play water tier. If you arrived looking for a dedicated water VC, this is a generalist instead, but a useful door into water-adjacent climate software for a founder with one foot in Europe and one eye on the United States.