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Zero Mass Water makes a splash with $50m

Jun 22, 2020 • Robert Lavine

Material Impact has participated in a series C1 round for Zero Mass Water, the ASU spinout that has created a system to convert air and sunlight to drinking water.

Zero Mass Water, a US-based water creation system developer spun out of Arizona State University, 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 universities-backed 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…

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