US investment round for Hydraloop to relieve water-stressed regions
The Future of Water Fund will lead the US investment round for Hydraloop, a Dutch consumer-friendly water recycling system that reduces water consumption by up to 45 percent. The announcement comes as California faces what the NY Times called “the strictest water conservation rules ever imposed in the state”.
Hydraloop is the first investment of the emerging venture fund, based in the Colorado River Basin and founded by leading water entrepreneur Will Sarni and fund manager Paul Tencher. Sarni, also CEO of international water strategy advisory firm Water Foundry, will help Hydraloop’s leadership build and execute on its North American growth strategy.
Will Sarni: “The American West is among the world’s most water-stressed regions and is facing impacts to economic development, especially in high-demand housing markets. Hydraloop will transform the way we use water by using it twice."
Water stress becoming the new normal
Hydraloop’s award-winning and internationally recognised products reduce water usage and wastewater emissions by up to 45 percent, delivering a smaller carbon footprint without sacrificing homeowners’ or businesses’ comfort. Its sustainable and patented six-step process cleans the water to the strictest global standards for non-potable use and redistributes water to washing machines, toilets, and irrigation systems using the water for a second time.
The company is headquartered in the Netherlands and has subsidiaries in the US and the Middle East.
"In the US, we're already facing the consequences of climate change, an ever increasing population and building demands. The resulting water stress is becoming the new normal. Hydraloop is thrilled to collaborate with the Colorado River Basin's Future of Water Fund. Together we will amplify the message about the urgent need for water conservation with progressive action that accelerates the adoption of our water-saving technology,” said Fernando Ramirez, Managing Director Hydraloop Inc.
Solving wicked water problems
The Colorado River Basin’s Future of Water Fund is focused on scaling technology solutions to address water scarcity in this critical watershed. The fund will invest in startups addressing water scarcity, quality and equitable access through technologies that help with things like leak detection in smart homes, real time water quantity and quality monitoring in business-dependent watersheds, and next-generation water recycling, and alternative hydration sources.
“Climate change is creating water insecurity across the globe,” says Sarni, founder of the Future of Water Fund. “We believe the opportunities for investing in digital technologies to address water quality and scarcity are substantial. Our fund will build a portfolio of exponential technology companies solving wicked water problems starting with the ground-breaking team at Hydraloop.”