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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Happy Holidays and Mele Kalikimaka! The smart water market is bubbling up with activity including a $35M raise from smart water meter analysis company Olea Edge, a $9.4M raise from San Francisco-based water reuse company Epic Cleantec, and a $675M climate/water-fund raised by Dutch Climate Fund Managers. Biden provides Federal funding to replace all the lead pipes in the US. Erin Brockovich shares the "only thing she wants for Christmas". Meet our WELL Advisor Dr. James Rouse, expert in epigenetics, functional, regenerative, and lifestyle medicine and well being.

Your weekly Bonus - A "significant" amount of Water was found on Mars!

This week's water fact:

Hot water freezes faster than cold water - it's the mpemba effect


Tech & Innovation

ABB introduces world’s first electromagnetic flowmeter with bidirectional connectivity to power intelligent water loss management

ABB adds mobile connectivity to AquaMaster4 flowmeter, enabling 60% lower power consumption and identifying leaks 10 times faster than the market standard.

OLEA EDGE’S $35M RAISE + 4 OTHER INVESTMENTS PROVING DIGITAL IS BOOMING

We check this and four other recent investments proving why digital water solutions are now booming.

Grundfos partners with Singapore Polytechnic to develop smart sustainable solutions for industries

The partnership will see both parties contributing complementary expertise, knowledge and talent that will advance sustainability efforts for industries.


Corporate & Deals

Epic Cleantec Raises $9.4M to Accelerate Adoption of On-Site Water Reuse

Epic Cleantec, the San Francisco-based onsite water reuse firm, announced today that it has successfully closed a $9.4 million financing round. The company has pioneered an approach to treat and reuse water in buildings and will use the funding to expand geographically and deepen its portfolio of technology offerings.

Climate tech investment is soaring this year — but might not be going to the right areas, PwC says

The average size of a climate tech deal almost quadrupled to $96 million in the first half of 2021, up from $27 million one year prior, PwC said.

Dutch adaptation fund hails $675m first close 

Climate Fund Managers’ first water-themed fund has reached a $675 million first close and aims to start investing in developing markets infrastructure in the New Year.

New Orleans receives $275M WIFIA loan for sewer upgrades 

The U.S. Environmental Protection Agency (EPA) announced a WIFIA loan of $275 million to the Sewerage and Water Board of New Orleans, in order to modernize the city’s aging and storm-damaged sewer system.


Water & the Environment

A major Antarctic ice shelf could shatter within five years, scientists warn 

Hotter ocean temperatures are eroding the eastern ice shelf. If it breaks apart, the glacier’s contribution to sea level rise could eventually increase by as much as 25%.

Biden administration announces plan to replace 100% of lead pipes in US homes

While many have praised the plan, some worry it lacks a solid timeline and does not deliver enforceable requirements.

Climate change has destabilized the Earth’s poles, putting the rest of the planet in peril 

The ice shelf was cracking up. Surveys showed warm ocean water eroding its underbelly. Satellite imagery revealed long, parallel fissures in the frozen expanse, like scratches from some clawed monster. One fracture grew so big, so fast, scientists took to calling it “the dagger.” 

SOLVING EARTH’S GREATEST MYSTERY: WHERE DID WATER COME FROM?

In a paper published in the journal Nature Astronomy, researchers have uncovered 'persuasive' new evidence that the origin of water on our planet can be traced back to space dust particles that have been charged by the Sun.


PFAS and Chemicals

All I Want For Christmas - The Brockovich Report 

Is For The U.S. Military To Stop Polluting Current & Former Bases And Their Surrounding Communities & Trying To Deny Or Cover It Up

Green beauty product testing finds more than 60% have PFAS indicators

Of the 83 lipsticks, mascaras, and other beauty products tested by Mamavation, 54 were found to have organic fluorine, with eight containing organic fluorine levels higher than 100 parts per million. PFAS exposure has been linked to everything from cancer to birth defects to lower vaccine effectiveness.


Dr. James Rouse is a Naturopathic integrative doctor with deep expertise in epigenetics, functional, regenerative, and lifestyle medicine. James is the author of 13 books (and counting) on human potential, proactive aging and mind-body wellbeing. Dr. Rouse was a founding faculty member for the Institute for Functional Medicine. James is a dynamic speaker and media presence sharing his medical prowess with audiences on every continent and on stage with Sir Richard Branson, Steve Wozniak, Dr. Mehmet Oz, Deepak Chopra, Arnold Schwarzenegger and Marianne Williamson.

As a leading human performance expert, he has advised professional athletes in the NFL, NBA and MLB and Fortune 100 Companies including Google, Whole Foods, Coca Cola and Ball Aerospace. A high-performing athlete, James is a former sponsored Ironman triathlete and professional mountaineer. We are deeply grateful to have Dr. Rouse share his wisdom, passion and brilliance with WIA and the WELL community. Bravo!


Space & Water

Scientists Just Found a 'Significant' Volume of Water Inside Mars' Grand Canyon

Scientists have made a world-historic discovery on Mars: "significant amounts of water" are hiding inside the Red Planet's Valles Marineris, its version of our grand canyon system, according to a recent press release from the European Space Agency (ESA).