Tau Capital's Major Investment Boosts Airwater Co's Growth Prospects

16 May, 2024

Tau Capital's Major Investment Boosts Airwater Co's Growth Prospects

Airwater Co., a global air-to-water technology company, has secured funding from Abu Dhabi-based venture capital firm Tau Capital. Specializing in groundbreaking technologies, Tau Capital supports ventures aimed at transforming industries and fostering a better future.

Water security is a growing concern globally, prompting increased interest from investors, governments, and companies in innovative solutions. According to research by CDP, water-related risks now threaten over $77 billion worth of global supply chains.

Founded in Abu Dhabi in 2018, Airwater Co. has emerged as a market leader after six years of dedicated research and development. The company recently unveiled a new brand identity symbolizing its cutting-edge innovation and global impact. Bill Murray, Managing Director of Tau Capital, praises Airwater Co.'s tech-focused approach to addressing water security challenges as essential for sustainable development.

Tau Capital's investment will support Airwater Co. in scaling manufacturing, infrastructure, and distribution, with a particular emphasis on large commercial and industrial atmospheric water generation facilities. CEO Alex Guy sees the investment as validation of their shared vision for a more sustainable future.

Airwater Co.'s commitment to technological innovation in the UAE is highlighted by its prestigious client base, including Hilton Hotel Group, Accor Group, NEOM, and ADNOC. Andrea Mollica, Managing Director at Tau Capital, underscores Airwater Co.'s significance as a catalyst for change, emphasizing the global importance of their work and investment.

About Airwater Co., the company designs and manufactures air-to-water technology to create clean water sustainably. Their mission is to offer the most sustainable water source globally, with renewable water solutions for commercial, industrial, and consumer needs.

About Tau Capital, headquartered in Abu Dhabi, the firm is dedicated to driving technological innovation and sector transformation through strategic investments in foundational technologies. Visit their website for more information on their impact and vision