The Waterly

"The Waterly" is a weekly all-things-water newsletter we share with our community covering the latest innovations and investment deal flow in the water sector and recent news on climate change and water-related crises.

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This week we see a new Atmospheric water generation solution in Zurich. The smart water market is expected to grow at 12.6% annually, sweet stat! The draft of the first EPA-validated laboratory test method for PFAS has been published by the EPA and DoD. Finally, check out our portfolio company 374Water featured in the news and our highlighted advisor of the week Tom Chi, founding team member of Google X.


Tech & Innovation

World’s biggest machine capturing carbon from air turned on in Iceland

Operators say the Orca plant can suck 4,000 tonnes of CO2 out of the air every year and inject it deep into the ground to be mineralised

Swiss technology can solve GCC water shortage problem

Researchers have developed technology that allows them to harvest water 24 hours around the clock, with no energy input.

New oxidation technology can enhance waste water reuse at lower cost

The new technique, which uses UV-Photocatalysis, can treat municipal sewage and highly polluting industrial wastewater streams and increase its reuse as a technological option in industrial as well as municipal wastewater treatments.


Corporate & Deals

Shipping powerhouse invests in Californian fuel start-up backed by Warren Buffett

Denmark’s Maersk has invested in WasteFuel, a California-based start-up centered around the conversion of agricultural and municipal waste into fuels, in order to “develop green bio-methanol production in the Americas and Asia.”

Smart water management market expected to reach $18.9B in 2028

The global smart water management market size is expected to reach $18.9 billion in 2028 and register a compound annual growth rate (CAGR) of 12.6% over the forecast period.

Gross-Wen Technologies Closes Oversubscribed $6.5 Million Investment

GWT is a wastewater treatment technology company which uses algae instead of bacteria or chemicals to recover nitrogen and phosphorus from wastewater. Algae is considered the most sustainable way to treat wastewater. This is because during the treatment process algae is consuming CO2 from the atmosphere, then the CO2 containing algae is used as a slow-release fertilizer.


Our Portfolio Companies

374Water to build, fabricate, ship and install Nix 1 units at facilities all around the U.S.

Merrell Bros. approached the cleantech company 374Water a couple of years ago after learning their Nix 1 unit could remove "forever" chemicals and transform sludge into clean water.


Water & the Environment

Medical Journals Call Climate Change the ‘Greatest Threat to Global Public Health’

"The science is unequivocal; a global increase of 1.5°C above the preindustrial average and the continued loss of biodiversity risk catastrophic harm to health that will be impossible to reverse,” the authors wrote. “Indeed, no temperature rise is ‘safe.’"

Nearly 1 in 3 Americans experienced a weather disaster this summer

Climate change has turbocharged severe storms, fires, hurricanes, coastal storms and floods — threatening millions

Earth’s tipping points could be closer than we think. Our current plans won’t work

Current plans to avoid catastrophe would work in a simple system like a washbasin, in which you can close the tap until the inflow is less than the outflow. But they are less likely to work in complex systems, such as the atmosphere, oceans and biosphere.

Third of shark and ray species face extinction, warns study

"Sharks and rays are the canary in the coalmine of overfishing. If I tell you that three-quarters of tropical and subtropical coastal species are threatened, just imagine a David Attenborough series with 75% of its predators gone." said Prof Nicholas Dulvy.


PFAS and Chemicals

First EPA-validated lab test for PFAS in wastewater, groundwater, and surface water

A milestone for national PFAS management, EPA and DoD have published a draft of the first EPA-validated laboratory test method for PFAS in wastewater, surface water, groundwater and soils.

Liars, Liars Planet’s on Fire, The Brockovich Report

Erin Brockovich: "More than a week ago, Hurricane Ida made landfall as one of the strongest storms to hit the United States, and of course, in areas that are already polluted, there’s trouble."


Tom Chi has worked in a wide range of roles from astrophysical researcher, to AI designer, to corporate executive, to entrepreneur and most recently, Investment Fund manager. He's played a significant role in establising new projects with global reach including Microsoft Outlook, Yahoo Search and Google X.

Tom has pioneered a unique decision-making approach called "rapid prototyping" to jumpstart innovative new ideas and move organizations forward at unprecedented speeds. He was a founding team member of Google X, playing a leading role in developing Google Glass and Google's self-driving cars. Through his burgeoning investment fund, he focuses on how humanity can become a net positive by investing in the emergence of environmentally regenerative technology as well as radically disrupting nature-balanced companies.

Tom has played a valuable role with WIA since its inception, as he was our WELL Gatherings' first speaker back in August 2020. Relive his brilliant presentation on Water and the Ecology of Interbeing here. Cheers Tom!