Levy Ventures
Levy Ventures is an Israel-based investor in early-stage water-technology startups. Founded in 2017 by serial water entrepreneur Eytan Levy, the man behind AqWise and Fluence, it works as a hands-on builder rather than a passive fund, helping a small set of water companies turn an early product into a global business.
Compiled by Antoine Walter, (don't) Waste Water, from official filings and direct intelligence in Leviathan.
The take
Levy Ventures is really one person's three decades in water turned into capital. Eytan Levy founded AqWise, whose biological treatment systems run in some 40 countries, then co-founded Emefcy, which went public in Australia and merged into Fluence, one of the names in decentralised water and wastewater treatment. Levy Ventures, started in 2017, is what he does next with that track record.
Levy Ventures backs early-stage water-technology startups, the fragile years when a clever pilot still has to become a real company. Levy's offer to founders is operational, not just a cheque: he takes a chairman's seat and hands over the playbook he wrote building his own companies. His worldview is blunt and worth borrowing if water is new to you. Water is a local resource, he argues, and every drop should be used twice.
Levy Ventures keeps a deliberately small book, and the two water companies (don't) Waste Water tracks on it show the pattern. Leakwise builds sensors that spot oil and hydrocarbons floating on water before they turn into an environmental mess; Tevet Water Technologies treats dairy-farm effluent and turns it into liquid fertiliser instead of a disposal headache. Both are Israeli, and both chase value the rest of the industry throws away.
Levy Ventures will not show up leading splashy rounds; it behaves more like a serial founder reinvesting his own conviction than an institutional water VC, the venture-capital firms that raise outside money to write cheques. For a newcomer trying to read the Israeli water scene, Eytan Levy is one of the clearest single threads I follow through it.
Water Commitment Score
Compiled from official filings, third-party records, and direct intelligence from investors and founders, in Leviathan · recomputed monthly · as of Jun 2026.
Portfolio · 2 water companies
Frequently asked
- What does Levy Ventures invest in?
- Levy Ventures invests in early-stage water-technology startups, the kind tackling water monitoring, quality, and wastewater problems. Founded in 2017 by Eytan Levy, it keeps a small, hands-on portfolio and helps each company turn an early product into a global business rather than chasing deal volume.
- Who is behind Levy Ventures?
- Levy Ventures is the investment vehicle of Eytan Levy, an Israeli water entrepreneur who founded AqWise and co-founded Emefcy, later merged into Fluence. He also chairs portfolio companies Leakwise and Tevet Water Technologies, bringing operating experience most early-stage investors simply cannot.
- Where is Levy Ventures based?
- Levy Ventures is based in Rosh HaAyin, Israel, inside the country's dense water-technology cluster. Its outlook is global, but its roots and network sit firmly in the Israeli water scene, where founder Eytan Levy has built and backed water companies for over twenty years.
- How many water companies has Levy Ventures backed?
- Levy Ventures has backed two water companies that (don't) Waste Water tracks: Leakwise, which detects oil on water, and Tevet Water Technologies, which treats dairy-farm effluent. (don't) Waste Water rates its water commitment Occasional, reflecting a small, selective portfolio rather than a high-volume fund.
- Is Levy Ventures the same as levyventures.com?
- No. The water-technology investor Levy Ventures, led by Eytan Levy in Israel, is unrelated to the U.S. business-management firm at levyventures.com. This profile covers the Israeli water-tech investor behind portfolio companies Leakwise and Tevet Water Technologies.