Business
Burnt Island Ventures Raises $50 Million to Fund the Development of Critical Water Technologies and Infrastructure
NEW YORK, October 22, 2025--Burnt Island Ventures, the world’s leading venture capital firm dedicated exclusively to funding early-stage water innovation, today announced the closing of its second fund with $50 million committed to invest in critical technologies in the $1.6 trillion water market that underpins roughly 60% of global GDP, according to a World Wide Fund for Nature report.1
About this update from Xylem Inc.
[{"type":"text","content":"Aging infrastructure, escalating water challenges, and accelerating demand from hyperscalers in AI, cloud computing and semiconductor manufacturing has increased the need for water technology solutions","length":201,"tagName":"p"},{"type":"text","content":"NEW YORK, October 22, 2025--(BUSINESS WIRE)--Burnt Island Ventures, the world’s leading venture capital firm dedicated exclusively to funding early-stage water innovation, today announced the closing of its second fund with $50 million committed to invest in critical technologies in the $1.6 trillion water market that underpins roughly 60% of global GDP, according to a World Wide Fund for Nature report.1","length":407,"tagName":"p"},{"type":"text","content":"Founded by water industry veteran Tom Ferguson, Burnt Island Ventures launched in 2020 to fill the chronic funding gap in water innovation despite the sector’s massive market size and growing demand for new technologies. The firm’s debut $30 million Fund I is fully deployed across 18 companies, with two exits to date, strong portfolio growth, and top-decile performance. Burnt Island Ventures has backed companies like Daupler, Flocean, Subeca, Floodbase, and SewerAI that are solving some of the most valuable challenges in everything from smart metering to deepwater desalination.","length":584,"tagName":"p"},{"type":"text","content":""The global water sector is a trillion-dollar industry hiding in plain sight," said Tom Ferguson, Founder and Managing Partner. "Fund II allows us to double down on our mission of finding, funding, and scaling the most ambitious founders who are solving water’s most pressing challenges, as well as giving them the sector-specific expertise and network they can’t get anywhere else."","length":403,"tagName":"p"},{"type":"text","content":"Burnt Island Ventures distinguishes itself as the world’s most active water-focused VC, pairing deep sector expertise with venture discipline. In addition to Founder Tom Ferguson, Burnt Island partners Christine E. Boyle, who founded YC-backed Valor Water Analytics and successfully sold it to Xylem, and Steve Kloos, a former senior leader at GE Water with extensive VC and startup experience, round out the team’s deep experience in water technology.","length":452,"tagName":"p"},{"type":"text","content":"Xylem, a global water technology leader, is...