Posted by Bangalore: Tech startup Uravu Labs has raised pre-seed funding from Speciale Invest, for building a new kind of 100% renewable water infrastructure.
“This is our 1st of many to come decarbonization and climate tech investments and we are excited for what the future holds ahead,” said Vishesh Rajaram, Managing Partner, Speciale Invest.
Along with Speciale Invest, renowned angels and investors including Peter Yolles (EchoRiver Capital, US), Soren Schroder (US), Shigeru Sumimoto (Conselux Corporation, Japan), and Tomoki Kaneko (Kaneko Cord, Japan) also participated in this pre-seed funding round.
Tech startup Uravu Labs will utilize the funds to bolster the technology, strengthen the patent portfolio, scale operations, and accelerate opportunities for deploying field pilots.
Pardeep Garg, Swapnil Shrivastav, Venkatesh R, and Govinda Balaji founded Uravu Labs in 2019. It has built a new type of atmospheric water generator that is 100% renewable. It creates water from the air using only renewable energy.
This technology makes use of desiccants and is highly scalable and adaptable making it pluggable into various forms of renewable energy sources like solar, waste-heat, or biomass to produce 100% renewable water.
According to Uravu Labs Co-Founder Dr Pardeep Garg, today, many sectors are in the midst of a renewable revolution.
“For example, solar PV and wind help us go renewable in the electricity sector but we do not see any such option in the water sector. And Uravu is bridging this gap by bringing a novel 100% renewable water technology option to the market,” said Garg.
He holds a Masters degree and PhD from the Indian Institute of Science (II Sc), Bangalore. He was also a research fellow at the Massachusetts Institute of Technology (MIT) in the field of new energy systems.
The water-from-air concept conventionally uses a significant amount of electricity to harness water from the air. But electricity is not always generated from clean, renewable sources.
In contrast, Uravu Labs uses a unique technology framework based on desiccant materials. By shifting to desiccant-based technology, the advantage is that water-from-air can be made 100% renewable.
The tech startup Uravu Labs envisions multiple applications for its 100% renewable water-based drinking water machines.