Funding Alert

Watertech startup Uravu Labs raises funds through Pre-Seed round of funding

• ByStartupStory     |    December 10, 2021

The watertech startup Uravu Labs recently announced that it has raised an undisclosed amount of funds through its pre-seed round of funding led by Speciale Invest. Further, the round also witnessed participation from Peter Yolles, Soren Schroder, Shigery Sumimoto and Tomoki Kaneko.

The startup revealed that it aims to utilize the recently infused capital for building a 100 per cent renewable water infrastructure, strengthening technology, patent portfolio, operations and accelerating opportunities for deploying field pilots.

Commenting upon the recent round of funding, the Managing Partner at Speciale Invest, Vishesh Rajaram said, “We are stoked to partner with the founders of Uravu. They are leveraging their strength in thermal and material sciences to build desiccant-based water harvesting solution which is 100 per cent renewable and carbon neutral. They are on a strong path to achieve price parity in the coming years as a result of their unique tech stack.”

Headquartered in Bangalore, Uravu Labs is a watertech startup which uses a unique technology framework based on desiccant materials to build sustainable water solutions.  It’s a cross-functional team of scientists, engineers and designers pushing boundaries in innovation and creativity to conceive a new kind of 100 per cent renewable water infrastructure which utilizes inexhaustible atmospheric moisture and renewable energy to produce high quality drinking water.

Talking about the ideology of the startup, the co-founder of Uravu Labs, Dr Pardeep Garg said, “Today many sectors are in the middle of the renewable revolution. For example, solar PV and wind help us with renewable energy in the electricity sector but we do not have any option in the water sector. Uravu is bridging this gap by bringing a novel 100 per cent renewable water technology option to the market.” 

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