Burnt Island Ventures

A very happy 2025 to you from all of us at BIV. Please find the Monthly Update LI below. It was a strong finish to the year, particularly from NLine Energy, Inc., HOPE Hydration, Cala Systems, TeamSolve, Daupler and Aqua Membranes, Inc. (though that list could be a lot longer). 2024 reminded us of a lot of time-honored startup wisdom, and of the folly of prediction. But predictably,?we predict some things here anyway - https://lnkd.in/epN7YijK Finally, our thoughts are with the citizens of Los Angeles - if we can help those affected in any way, please let us know.

“Flocean uses natural deep-sea pressure to cut power consumption. 40% energy efficiency savings are not abnormal." Tune into Episode 32 of The Fundamental Molecule featuring Alexander Fuglesang, Founder and CEO of FLOCEAN Episode link here: https://lnkd.in/ejxnDSs9

What a pleasure to host such an outstanding group of LPs for a fourth AGM yesterday. We're truly grateful to get to work on your behalf. Special shout-out to Matthew Swindle, Alexander Fuglesang and Craig Beckman for their company presentations, and to Daisy Chen and Caleb Powers for joining us for a special panel on the future of water. Onward!

Sometimes things just strike you as dumb and then one day you understand why. The current model of desalination is a great example. It's something that everyone thinks that we at BIV should be invested in up to the eyeballs, and, of course, we support technologies that are pertinent to desal, but the legacy model is just a tough nut to crack. Ever more scaled plants to minimize the per gallon cost of purified water is the name of the game. So when I met Alexander Fuglesang and the full FLOCEAN team, it was like a light bulb going off. Legacy desal was dumb for the simple reason you were pumping up onto land a whole load of water, putting all of it through a giant factory, having designed it for all of that water, then throwing at least 40% of it back into the ocean. So what if you could desalinate under the surface of the sea and get rid of all that excess capacity? You don't run into paradigm shifts all the time, but we think that Flocean is one of them. Alex is a superb guy with a fascinating skill set, having spent most of his life operating machinery at inhospitable depths, and he's on a remarkable mission to put a huge dent in global water insecurity. Please enjoy my conversation with Alex Fugelsang. Tune into our 32nd episode of The Fundamental Molecule featuring Alexander Fuglesang, Founder and CEO at FLOCEAN. Episode link here: https://lnkd.in/ejxnDSs9

The funding gap in US water/wastewater utilities and is $110B/yr increasing 10%/yr, according to McKinsey & Company: "closing the gap will require rethinking how water systems are funded across the country, ... leaders can play key roles in?making existing funding go much further". Yep! There's zero chance that doing things the old way will work for the future - the money isn't there to pay for it. What do we do? Call 1-800-inno-vation! Good news: There's a new cohort of innovators with new ways of doing things, for example SewerAI, Daupler, TeamSolve, Ziptility, CivilGrid, Subeca, Aclarity, AlgaFilm Technologies Ltd., SwiftComply, ... And it's not just a US problem, either. Details from McKinsey here: https://lnkd.in/gNEynwQu

If you were to add up the economic costs of natural disasters globally, the cost of flooding would far exceed the total cost of wind, fire, and ice combined at a staggering $179.8 - $496 billion per year in the US alone. Previsico is tackling the problem headlong with a live flood forecasting solution that provides timely, accurate and high-resolution predictions of floods 48 hours in advance of an event, allowing property owners to take action to protect their property. It’s a step-change in how we think about climate change adaptation, and we’re thrilled to be a part of the next step in the journey. Jonathan Jackson, Dapeng Yu and Dr Avi Baruch and the entire Previsico team, thanks for letting us tag along. Here’s why we did it.??

"Take the check from people who know the space. Measure value in burritos, not just equity." Tune into Episode 30 of The Fundamental Molecule featuring Scott Bryan, President at Imagine H2O. Episode link here: https://lnkd.in/ecGBXXbP

Some seriously cool progress, from FLOCEAN’s?Flocean Zero results, to TeamSolve?building their US presence?(listen to Mudasser Iqbal?on TMF). Delighted to have our third deal in the Opp Fund confirmed (to be announced). Thanks as ever for reading, and here if we can help.?

Thrilled to be included in such a prestigious group for the fourth year in a row. The cumulative impact of this crew for the planet and society is tremendous. Massive thank you to the entire team ImpactAssets team and a huge congrats to our friends at Earthshot Ventures, Ember, Enduring Planet, Gratitude Railroad, MCJ, Nomadic Venture Partners, Third Derivative, Superorganism, Blue Earth Capital AG, Closed Loop Partners, Spring Lane Capital, AiiM Partners, WaterEquity and so many others. ????

Huge thanks to the team at Global Water Intelligence (GWI) for including our very own Christine E. Boyle among their astonishingly accomplished list of 25 Power Women in Water. Bravo! ??????