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 the National Science Foundation awards an AI startup to map the nation's watershed. There are multiple recent M&A transactions in the water industry while Adam Draper at BoostVC declares the Ocean to be a $100T investment opportunity. Bryan Eagle, CEO of Glanris to speak at this year's TEDx Memphis. California wildlife and beaches are drenched in oil after a 126,000-gallon spill. Meet our WELL Advisor Sonaar Luthra, an environmental and water superhero measuring climate-related water risks and implementing solutions for global organizations and communities.


Tech & Innovation

New Drone Footage Reveals the Violent Interior of Hurricane Sam

Researchers at the National Oceanic and Atmospheric Administration (NOAA) have successfully managed to send a drone where no drone has ever gone before. The drone has now beamed back footage of what it is to be inside a hurricane.

Out of thin air: can hydropanels bring water to parched communities?

Some skeptics say the technology at present is too inefficient and expensive to be a practical solution to water scarcity.

NSF grants Arizona team $5M for AI hydrology mapping

Laura Condon and her team have received the $5 million through a cooperative agreement from the National Science Foundation to use machine learning to build models of the nation's watershed systems that can be used to forecast future conditions.


Corporate & Deals

Select Energy Services acquires Agua Libre Midstream, other assets from Basic Energy Services

Based in Fort Worth, Texas, Agua Libre is a leading provider of water midstream, logistics and production services to the oil and gas industry, including operations in Texas, New Mexico, Oklahoma and North Dakota.

The ocean is a $100tln market opportunity

“The ocean is a $100 trillion market opportunity,” says Adam Draper, managing director at BoostVC and a seed investor in Coinbase. “This is the largest untapped investment opportunity in my lifetime."

USALCO acquires ALTIVIA’s water treatment business

ALTIVIA’s water treatment business is a leading manufacturer of specialty chemicals for municipal water and wastewater treatment and for industrial applications. With a 30-year history, the company operates a manufacturing facility in Houston, Texas.

Lagoon Water Midstream enters Permian with Double Drop Resources acquisition

With ongoing support from Macquarie Infrastructure Partners, this acquisition significantly expands Lagoon's operations and establishes it as a multi-basin water management company with a presence in the heart of the Permian.


Our Portfolio Companies

Glanris participates in the 2021 TEDx Memphis conference themed Ctrl+Alt+Dlt

Bryan Eagle, Champion of Sustainability & CEO at Glanris will be speaking at this year's TEDx Memphis conference.


Water & the Environment

‘The water used to be up to your armpits’: birds starve as Turkey’s lakes dry up

Over the past 50 years, 60% of Turkey’s 300 natural lakes have dried up and the loss is devastating for birds and other wildlife. Reduced rainfall, rising temperatures, the mismanagement of public land and poor agricultural practices have caused water levels to recede by as much as 200 metres.

California oil spill cause probed, ship anchor cited as possibility

Crews dressed in white coveralls and helmets cleaned damage from 3,000 barrels (126,000 gallons) of oil that spilled into the Pacific Ocean.

Climate change killed 14% of the world’s coral reefs in a decade, study finds

Climate change is wiping out coral reefs and will kill more if oceans keep getting warmer, researchers warned on Tuesday in a new study that spanned much of the globe.

San Francisco Increases Water Reuse Requirements For New Buildings

The ordinance more than doubles the amount of water that new large buildings will be required to collect and re-use on site, said its author Supervisor Rafael Mandelman. He said it also directs the public utilities commission to come up with a plan for expanding the city’s supply and use of recycled water.


PFAS and Chemicals

The Kids Are Not Alright - The Brockovich Report

Erin Brockovich: "Cancer Clusters, Lead Poisoning, & Microplastics In Children Are Not OK."

PFAS Water Regulations In California Closer To Becoming Reality

On September 28, 2021, the state of California (through the Office of Environmental Health Hazard Assessment) held a virtual workshop for proposed Public Health Goals (PHGs) for two types of PFAS – PFOA and PFOS.


Sonaar Luthra is the Founder and CEO of Water Canary, a company that works at the intersection of water technology, policy, finance, and strategy to help clients manage 21st-century water risks. He began developing water sensors in graduate school and founded Water Canary in an effort to make water quality data more affordable and accessible.

Sonaar is a TED Fellow, a member of the GE Global Insights Network, and he was designated a global expert in water quality and climate change by the Obama State Department. He has expertise across all aspects of the water space in areas ranging from remote monitoring, testing & treatment technologies, municipal water, agriculture and supply chains to public policy, finance, insurance, conservation and informatics. He has worked with the US State Department, UNICEF, the UN, the USGS, the EPA and the California State Water Resources Control Board. We are honored to count him as a valuable member of our WELL Community!