Creating sustainable water out of air using renewable tech
- Financial Presss
Clean drinking water is getting scarce. Current water infrastructure is inadequate in the face of increasing droughts, unreliable supplies and climate change. Put simply, there is an urgent need for resilient solutions. In this regard, a Bengaluru-based deep-tech startup, Uravu Labs, has a solution; it is literally creating water out of air, thanks to its unique 100% renewable water technology.
Focused on building a renewable water infrastructure, this climate tech startup recently announced its seed round of funding. The lead investor in the round was Anicut Capital and it was co-led by Rocketship.vc and Speciale Invest. The company also received participation from investors like Vesta (France), Venture Catalysts (India), Verso Holdings (Luxembourg), Spectrum Impact (India), Echo River Capital (US) and other angel investors from India, the US and the Middle East. The company plans to utilise the capital to scale its 100% renewable water technology.