Canada-based Saltworks converts salt water into fresh water through desalination.
Cenovus Energy, a Toronto and New York-listed oil group, has invested $2.5m through its Environmental Opportunity Fund (EOF) to Saltworks Technologies.
Saltworks said it had also received an investment of undisclosed size from Teck Resources, Canada’s largest mining and mineral development business.
Canada-based Saltworks converts salt water into fresh water through desalination.
Judy Fairburn, executive vice-president of environment and strategic planning at Cenovus, said: “The ability to convert saline water into usable fresh water could change how we use water…