Water, water everywhere…but not many investments there.

I have been looking at the “water sector” (broadly defined) for awhile now but haven’t seen many investments being done thus far… so I was pleased to see fellow local VC, SAIL Ventures, announce that they recently made such an investment.  In fact, I reached out to Walter Schindler and asked him to send me a brief Op-Ed on the company for my readers as one of the things I’m looking to do more of is to have guest bloggers of relevant interest to my readers.  So, without further adieu, tell us about your fund’s latest water investment:

“SAIL’s latest investment is in a company with breakthrough technology in the area of industrial waste water recycling.  MicroMedia Filtration (MMF) represents a remedy to the growing global problem of industrial waste water. According to the World Bank, 80 countries are now experiencing water shortages severe enough to have an impact on the health and economic output of their populations.  2 billion people - roughly 40% of the earth’s population - do not have access to clean drinking water or sanitation. In the midst of this emerging water shortage, many industries simply waste water or recycle waste water inefficiently.  MMF’s unique process changes how wastewater is treated. This system has an 80% smaller physical footprint, can be built at half the capital cost, uses 85% less electricity, resulting in clean water with virtually no greenhouse gas emissions. MMF is a win–win –win – recycling waste water more efficiently, allowing a greater supply of drinking water, and using less energy at lower cost.”

Stay tuned for more guest bloggers in the weeks to come and feel free to write me with suggestions.