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.
This week we find a new Swedish tidal energy turbine that looks like a sea dragon. The first major infusion of federal cash from the bipartisan infrastructure law is on its way to repair our nation’s aging water infrastructure and lead pipes. Bryan Eagle, CEO of Glanris was a speaker at TEDxMemphis. California's drought demands curtailing water delivery to 27M Californians and farmers next year. A Nobel Prize stock winning theory comes to the aid of Coral Reefs. Have you heard about Nurdles?, you will soon. More toxic waste is in our Oceans, yet our seafaring Ocean advocate and WELL Advisor Daniel Kleinman, founder of Seaworthy Collective is coming to save the day.
Your weekly Bonus - See how Scotland curbs the effect of climate change through gastronomy.
This week's water fact:
Water is the only substance on earth existing in four states of matter: solid, liquid, gas and gel
Tech & Innovation
Design begins for world’s first subsea desalination plant
Waterise has awarded Rosenberg Worley a contract to provide designs for its concept in Norway. The plant, based on subsea architecture, will be able to produce drinking water through reverse osmosis.
Winged 'Sea Dragons' Can Generate Electricity For 25,000 Homes
The tidal turbines will help the Faroe Islands reach net-zero emission energy generation by 2030.
One Year From Launch: US-European Satellite To Track World's Water
The Surface Water and Ocean Topography spacecraft enters the home stretch as an international team prepares this next-generation satellite for launch in 2022.
Corporate & Deals
VC has a pivotal role to play in the climate fight, but it can’t do everything
It might be counterintuitive, but venture-backed startups — beyond the magic created by their highly performing founders and organizations — also often outspend much larger and better-financed companies.
First big tranche of infrastructure dollars heading to states for water, lead pipes
$7.4 billion to U.S. states, tribes and territories for 2022 focused on water infrastructure grants and loan forgiveness.
N.Y. announces $14M for nonpoint source pollution
New York officials announced nearly $14 million to support agricultural water quality conservation projects across the state through the Agricultural Nonpoint Source Abatement and Control program. The program addresses water quality challenges in priority watersheds and protects the environment.
Our Portfolio Companies
Glanris: Sustainably Addressing Global Water Scarcity | Bryan Eagle | TEDxMemphis
Bryan Eagle, CEO of Glanris, discusses the actionable ways in which we can start re-using our wastewater for potable and non-potable uses.
Water & the Environment
California water districts to get 0% of requested supplies in unprecedented decision
Water agencies in drought-stricken California that serve 27 million residents and 750,000 acres of farmland won’t get any of the water they have requested from the state heading into 2022 other than what’s needed for critical health and safety.
California Will Curtail Water to Farms and Cities Next Year as Drought Worsens
California plans to dramatically curtail water delivery next year from its network of canals, pipelines and reservoirs to 27 million Californians.
The Arctic could get more rain and less snow sooner than projected. Here’s why that matters.
“What happens in the Arctic doesn’t stay in the Arctic,” Michelle McCrystall, a lead author of Tuesday’s study and a postdoctoral researcher at the University of Manitoba, said in an interview.
Nobel-winning stock market theory used to help save coral reefs
The gains go beyond positive ecological outcomes and include crucial social, economic, health and nutritional benefits for communities, according to partners, organisations and funders interviewed by Blue Earth Consultants.
PFAS and Chemicals
Nurdles: the worst toxic waste you’ve probably never heard of
Billions of these tiny plastic pellets are floating in the ocean, causing as much damage as oil spills, yet they are still not classified as hazardous.
Is Your Neighborhood A Toxic Wasteland? - The Brockovich Report
“Kalamazoo is like a toxic wasteland,” Brandi Crawford-Johnson, a disabled veteran and resident of Kalamazoo, Michigan’s Northside neighborhood told The Brockovich Report in a recent interview.
After five years in the ocean technology industry, Daniel saw a missed opportunity and deep need to support the development of solutions to positively impact the health of our Oceans. Combining his passions for ocean science & exploration and innovation & entrepreneurship, Daniel founded Seaworthy Collective in 2020 to fund the next leading oceanographic changemakers.
Through Seaworthy, Daniel is building a community with the leading young minds and hearts investing in the most innovative startups in the Ocean science & exploration field. Daniel is pursuing his Master's degree in Exploration Science at The University of Miami's Rosenstiel School for Marine & Atmospheric Science, and was recently recognized as a Miami Global Shaper. Thank you Daniel for being a leading Ocean advocate and active supporter of the WELL.
Gastronomy & the Environment
In Scotland, Serving Halibut for a Better Planet
Scottish cooks and diners are putting sustainable fish and shellfish on the plate in a tangible (and delicious) move to curb the effects of climate change.
