
VC · WATER INVESTOR
Refactor Capital
Refactor Capital is a water-focused venture capital that has backed 3 water companies since 2016. (don't) Waste Water rates its water commitment Committed.
Committed
Water Commitment
Type
Venture Capital
AUM
$500M
Founded
2016
HQ
Burlingame, United States
Stage
Seed - Series B
Median round
$9M
Portfolio
3 cos
Water Commitment Score
Tier
Committed
3 water companies · last deal 2023 · leads ~0% of rounds · High confidence
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
Median round$9Mrange $2.5M - $32M · 3 disclosed
Portfolio · 3 water companies
Invests alongside
Y Combinator2x
Synthesis Capital1xAlumni Ventures1x
X Factor Ventures1xEngine Ventures1x
Supply Change Capital1xOverwater Ventures1xLiquid2 Ventures1x
Ekistic Ventures1x
Highlighted = profiled on (don't) Waste Water.