VC · WATER INVESTOR

Material Impact

Material Impact is a water-focused venture capital that has backed 2 water companies since 2016. (don't) Waste Water rates its water commitment Occasional.

Occasional
Water Commitment
Type
Venture Capital
AUM
$700M
Founded
2016
HQ
Boston, United States
Stage
Seed - Series D
Median round
$31.1M
Portfolio
2 cos

Water Commitment Score

Tier
Occasional
2 water companies · last deal 2022 · leads ~50% 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 A1
Series C1
Series D1
Median round$31.1Mrange $4M - $130M · 4 disclosed

Portfolio · 2 water companies

SOURCE Global
Source Global’s solar-powered SOURCE Hydropanels use proprietary hygroscopic materials and phot
$130MSeries D · 2022
Infinite Cooling
Infinite Cooling sells a retrofittable electrostatic-based capture system that harvests evapora
$12.2MLED Series A · 2021

See the full portfolio in Leviathan →

Invests alongside

Breakthrough Energy Ventures2x BlackRock2x Duke Energy2x Microsoft Climate Innovation Fund1xFifth Wall1xMonashee Capital1xHarvard Management Company1xThe Lightsmith Group1xWind Ventures1x

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