Water corporates pile into Emerald’s new $200m water fund -
Published on by Water Network Research, Official research team of The Water Network in Business
Emerald Technology Ventures’ water team – from left: Kelven Lam (senior investment manager), Helge Daebel (partner, head of water), Clayton MacDougald (investment director), Michal Natora (senior investment director )
Water analytics and treatment company Veralto Corporation and water hygiene services provider Ecolab are anchoring the €60m ($69m) first close of Swiss VC firm Emerald Technology Ventures’ Global Water Fund II.
SKion Water and Occidental Petroleum, the latter through its corporate VC Oxy Technology Ventures, also made commitments to the new vehicle.
The fund is targeting between €150m-180m ($173m-208m) by final close and will look for investments in early to growth-stage startups focused on enhanced water monitoring and prediction, automation, advanced treatment, infrastructure and business resilience, and emerging contaminants.
Ecolab and SKion water are both following on from Emerald Technology Ventures’ first global water fund, which closed in 2020 with $100m and also saw investments from corporates such as Microsoft.
Attached link
https://globalventuring.com/corporate/europe/water-corporates-pile-into-emeralds-new-200m-water-fundTaxonomy
- Technology
- water funds
- water treatment
- Water from Air
- Water from Urine
- Water, Waste Water Chemical & Treatment