Duke Energy participated in a series C1 round for Zero Mass Water, the creator of a system that converts air and sunlight to drinking water.
Zero Mass Water, the US-based developer of a water creation system, has received $50m in a series C1 round that included energy utility Duke Energy.
The round was led by investment manager BlackRock and also featured energy-focused investment fund Breakthrough Energy Ventures and venture capital firm Material Impact Fund.
Founded in 2015, Zero Mass Water has created Hydropanels it claims can produce drinking water from air and sunlight. Its systems are installed across 45 countries and it intends to use…
