"Water scarcity is not a future problem. It is a present one, already constraining agriculture, industry, and urban planning across multiple continents. What has lagged, historically, is the venture capital infrastructure to fund companies addressing it."
"The Zurich-based firm announced this week that its Global Water Fund II has reached €100 million, following the addition of two significant investors: Temasek, Singapore's state investment company, which was already a cornerstone backer in Emerald's first water fund, and the Grundfos Foundation, the owner of Grundfos, the world's largest pump manufacturer, headquartered in Denmark."
"What is changing is the combination of physical urgency and industrial demand. The companies backing Emerald's fund are not philanthropists. They are industrial players, Ecolab, Grundfos, Veralto, whose own businesses depend on the availability and quality of water, and who have economic incentives to see the technology advance."
Water scarcity is an immediate global crisis affecting agriculture, industry, and urban planning across multiple continents. Historically, venture capital infrastructure for water technology companies has been insufficient. Emerald Technology Ventures, a Swiss firm with two decades of sector experience, is addressing this gap. The firm's Global Water Fund II reached €100 million following investments from Temasek and the Grundfos Foundation, reaching two-thirds of its undisclosed final target. Previous investors include Veralto Corporation, Ecolab, SKion Water, and Oxy Technology Ventures. Water technology is attracting institutional capital due to physical urgency and industrial demand, with backing from companies whose businesses depend on water availability and quality.
#water-technology-investment #venture-capital #water-scarcity #institutional-funding #climate-and-resource-security
Read at TNW | Sustainability
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