Emerald Technology Ventures Secures €100M for Global Water Fund II
Emerald Technology Ventures has reached €100 million in investor commitments for its Global Water Fund II, marking a major step toward its €180 million target. The fund focuses on scaling startups that address global challenges in water resilience, wastewater treatment, and digital water technologies.
Strategic Backing from Temasek and Grundfos Foundation
The latest close is anchored by leading institutional investors, including Temasek, Singapore’s state-owned investment company, and the Grundfos Foundation, the philanthropic arm linked to pump manufacturer Grundfos. Their participation signals growing confidence in the role of specialized climate-tech and water-tech funds in tackling mounting infrastructure and sustainability gaps.
By partnering with industrial and financial backers that have deep roots in the water infrastructure and utilities sectors, Emerald Technology Ventures aims to offer portfolio companies not only capital but also market access, technical expertise, and global deployment channels.
Funding Startups Tackling Global Water Stress
The Global Water Fund II will invest in early- and growth-stage startups developing solutions for water scarcity, leak detection, advanced filtration, industrial water reuse, and data-driven utility management. With aging infrastructure and climate change intensifying droughts and floods, demand is rising for technologies that improve efficiency, reduce losses, and enhance water quality.
Emerging companies in areas such as IoT sensors for networks, AI algorithms for predictive maintenance, and digital twins for water systems are expected to be key targets for the fund. The strategy aligns with global policy priorities around resilient cities, sustainable industry, and decarbonisation of resource-intensive sectors.
Positioning for a €180M Final Close
With €100 million already committed, Emerald Technology Ventures is positioning Global Water Fund II as one of the larger dedicated water-tech vehicles in the market. The firm is now engaging additional institutional investors, corporates, and development finance institutions to reach its €180 million goal.
As governments and utilities confront substantial funding gaps for water infrastructure, specialized private capital is increasingly seen as a critical lever to accelerate innovation and deployment. The new commitments place Emerald Technology Ventures at the center of this shift, channeling growth capital into technologies that aim to secure reliable, safe, and efficient water systems worldwide.