Abu Dhabi - Sharikat Mubasher: Tau Capital, a venture capital firm based in Abu Dhabi, invested in the global air-to-water technology company Airwater, as part of its strategy to invest in innovative technologies that empower pioneers to transform industries, a recent statement unveiled.
This investment will help Airwater enhance manufacturing, infrastructure, and distribution, with a focus on large commercial and industrial atmospheric water generation facilities.
Airwater designs and manufactures air-to-water technology to create clean water from humidity in the air. It aims to become the most sustainable water source in the world, with a versatile portfolio of renewable water solutions spanning commercial, industrial, and consumer uses.
Bill Murray, Managing Director of Tau Capital, said: “Airwater Co.’s tech-focused approach to water security exemplifies the type of transformative innovation which we at Tau Capital believe is essential for sustainable global development.”
For his part, Alex Guy, Founder and CEO of Airwater, emphasized the shared commitment of Tau Capital and Airwater to foster innovation in the region.
He said: “Tau Capital’s desire to support Airwater Co. as a valued platform business that can reshape industries allows us to innovate and scale more rapidly.”
Tau Capital is dedicated to propelling technological innovation and sector transformation. It strategically invests in foundational technologies poised to redefine industries and enrich societies globally.
