BIV Monthly Update XLVII – September 5, 2024
- Talk about water at Climate Week!
- CivilGrid – Building momentum around their launch in Florida with a very strong partner on their side indeed. US steel and infrastructure failures are making the case stronger by the degree...
- Daupler – Named Vendor Partner to Watch at the Smart Utility Summit. Term sheet signed. Major sales moving faster than expected.
- Floodbase –? Launched Tees-to-Green with Amwins - a first-of-its-kind flood insurance program for U.S. golf courses.
- Irrigreen – Digital marketing stats strong and growing stronger. Building the year-round engine they need to be.
- LAIIER – Launched with a major in wind turbines. Their office view has reached new heights. Joined the US Proptech Council. Great visit with the Xylem team.
- NLine Energy – On (an aggressive) plan for H1. PPA deal framework in place. Initial international deployments imminent.
- SewerAI – Great results from the Tri-State Summit. Featured in AquaTech article. Product annual off-site, poised and ready for the fall boom.
- Shower Stream – Close tracking of performance and customer satisfaction. Strong product performance.
- Spout – 100 unit delivery this week, 1,000 in process, 800 fully paid for and counting. It’s happening. $700k left in the round, and it’s a better and better deal.
- SwiftComply – Celebrating National Backflow Prevention Day (did you all celebrate?). Sales strong as ever.
- Ziptility – Named the System of the Year at the Louisiana Rural Water Association's Annual Conference. Celebrating their Ziptility All-Stars.
- ZwitterCo – Brought on a water-industry heavy-weight, Myron Van Ert, to serve as their new Chief Commercial Officer. Closed Series B with $58M.
- 2S Water – First production run fully committed. Presented at the DLE conference in Munich.
- Aclarity – Published A Beginner’s Guide to PFAS. Well worth a read for anyone interested in the space.
- Aquafortus – Pilot plant almost at full capacity. Exciting stuff. Steve replaced Tom on the board, so things will be even better.?
- Beagle Services - Featured on the Risk Thinkers podcast from PURE Insurance. Strong signals as they finished out the summer and head into the fall.
- HOPE Hydration – Deployed at their first MLB stadium. First NFL stadium pending. Second airport almost initiated. A number of impressive deals in the works. If you see one, send a selfie…
- TeamSolve – Signed over 15 pilots in the last 6 months and are heads down on delivery.?
- AquaticLabs - NOAA made recent policy announcement about implementing eDNA technology. The product is ready and its time to accelerate the GTM.??
- Cala - Strong momentum coming off the launch. Featured in Electrek article. Limited ($250k) room in $2m seed extension to move them into production premises.?
- Subeca - Q3 sales impressive. Pipeline coverage is strong - $77M total and counting.
- Work with the Burnt Islanders
- All open roles with the Burnt Islanders are advertised through the BIV Jobs Board which is accessible here?
- Overall Pipeline: 1312 (+43)
- With the summer wrapping up, lots of founders are getting ready for Q3-Q4 raises. Our freshly sharpened pencils are poised for the large number of software solutions on the slate, including utility billing management, insurance tools, facility optimization, and irrigation intelligence.?
- Huge thank you to
Jyotika Chandhoke
who ended her time with us this month. She’s a wildly talented individual and has a very exciting next step lined up.?
- Preparing for September madness - Tom at Climate Week, Christine at the Aspen Institute, Tom Christine and Steve at WEFTEC, Tom at Stanford, Tom and Steve in Madrid and Boston… Urf.
We’re Reading/Listening/Watching
- I need to remember our Culture Bee #2 - Be Iteratively Excellent. I sometimes lose sight of it in the name of pace…
