Water Harvesting Inc. Secures $8M in Series A-1 Financing and Corporate Reorganization
Summary:
- Water Harvesting Inc., a Fremont, CA-based climate technology company, recently closed an $8 million Series A-1 financing round led by Chairman Mike Phillips and Board member Christian Thirion.
- The funding will help the company achieve its next commercial milestones and support its growing pipeline of sales opportunities in the UAE and GCC.
- Water Harvesting Inc. is known for its innovative atmospheric water generation systems and will be launching its first commercially available unit at the WETEX 2025 exhibition in Dubai.
Article:
Water Harvesting Inc. Secures $8M in Series A-1 Financing and Corporate Reorganization
Water Harvesting Inc., a leading climate technology company based in Fremont, CA, has successfully closed an $8 million Series A-1 financing round. The round was led by Chairman Mike Phillips and Board member Christian Thirion, with the participation of key investors such as Berkeley Catalyst Fund, Anthropocene Institute, Vestafund, and Mitsui Mining & Smelting Co., Ltd. This financing not only eliminates all debt but also simplifies Water Harvesting Inc.’s cap table, providing the necessary capital for the company to achieve its upcoming commercial milestones and close its next funding round.
Driving Innovation in Water Scarcity Solutions
Water Harvesting Inc. has been at the forefront of developing innovative solutions to combat water scarcity. The company’s atmospheric water generation (AWG) systems have been successfully deployed in challenging environments across the globe, including West Texas, Abu Dhabi, Riyadh, and Stockholm. With 14 patent families and 18 patents granted worldwide, Water Harvesting Inc. is well-positioned to protect its proprietary WaHa Vaporator technology, a modular system that supports off-grid installations and integration with HVAC and agricultural systems.
Showcasing Sustainable Solutions at WETEX 2025
Water Harvesting Inc. is gearing up to launch its first commercially available AWG unit at the upcoming WETEX 2025 exhibition in Dubai, scheduled for September 30 to October 2. This exhibition will showcase the company’s cutting-edge solutions for utilities, developers, and industrial operators seeking reliable and sustainable access to pure water. Led by Chairman Mike Phillips and CEO Frank Ramirez, Water Harvesting Inc. is committed to negotiating commercial agreements for manufacturing, distribution, and long-term service and support, further solidifying its position as a leader in climate technology.
In conclusion, Water Harvesting Inc.’s recent financing round marks a significant milestone for the company as it continues to drive innovation in the field of water scarcity solutions. With a strong focus on sustainability and efficiency, Water Harvesting Inc. is poised to make a lasting impact on the global water crisis.
