In December, Burnt Island Ventures was part of a syndicate backing StormSensor.

US-based venture capital firm Burnt Island Ventures has raised $30m for its debut fund targeting water-related businesses from 99 limited partners including corporations, such as Ferguson Enterprises.

The fund was raised in nine different tranches so it has already invested $12.3m, according to Forbes.

In December, Burnt Island Ventures was part of a syndicate backing StormSensor, a US-based provider of water infrastructure management technology.

“With the explosion of money going into climate tech, $40bn [in 2021 alone], only…

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James Mawson

James Mawson is founder and chief executive of Global Venturing.