Investor Lists

VC firms backing Water

Updated 7 November 2026

VC firms we have observed in a water round in the last two years.

See all 55 →The top 25
55investors on the list+6 this week
965cheques in 12 months-7% against the market
$5.5Mmedian round they joined-31% against the market median
84%wrote a cheque in 12 months
53%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

  1. 1General CatalystDeploying nowVC firm · United States1,387$27Mmedian roundNov 2026last seen
  2. 2AntlerDeploying nowVC firm · United Kingdom729$1Mmedian roundNov 2026last seen
  3. 3Innovate UKDeploying nowVC firm · United Kingdom704$1.2Mmedian roundOct 2026last seen
  4. 4Battery VenturesDeploying nowVC firm · United States658$32Mmedian roundNov 2026last seen
  5. 5DCVCDeploying nowVC firm · United States431$29Mmedian roundNov 2026last seen
  6. 6Upfront VenturesDeploying nowVC firm · United States338$10Mmedian roundOct 2026last seen
  7. 7Almi InvestDeploying nowVC firm · Sweden328$1.1Mmedian roundNov 2026last seen
  8. 8Lowercarbon CapitalDeploying nowVC firm · United States146$21Mmedian roundOct 2026last seen
  9. 9Long Journey VenturesDeploying nowVC firm · United States145$10Mmedian roundOct 2026last seen
  10. 10N1Deploying nowVC firm · Luxembourg134$1.4Mmedian roundSept 2026last seen
  11. 11Afore CapitalDeploying nowVC firm · United States116$6.3Mmedian roundOct 2026last seen
  12. 12AcumenDeploying nowVC firm · United States107$5Mmedian roundOct 2026last seen
  13. 13Launch AfricaDeploying nowVC firm · Mauritius96$1.1Mmedian roundNov 2026last seen
  14. 14Builders VCDeploying nowVC firm · United States79$11Mmedian roundOct 2026last seen
  15. 15Chalmers Ventures ABDeploying nowVC firm67$848Kmedian roundSept 2026last seen
  16. 16Groove CapitalDeploying nowVC firm · United States58$1.6Mmedian roundAug 2026last seen
  17. 17Creator FundDeploying nowVC firm · United Kingdom54$3.6Mmedian roundSept 2026last seen
  18. 18CantosDeploying nowVC firm · United States48$12Mmedian roundSept 2026last seen
  19. 19European Investment FundDeploying nowVC firm · Luxembourg44$5.2Mmedian roundOct 2026last seen
  20. 20Intesa SanpaoloDeploying nowVC firm · Brazil42$8.8Mmedian roundMay 2026last seen
  21. 21LUMO LabsDeploying nowVC firm · Netherlands34$1.6Mmedian roundSept 2026last seen
  22. 22nrw.bankDeploying nowVC firm · Germany30$16Mmedian roundOct 2026last seen
  23. 23Black Nova Venture CapitalDeploying nowVC firm · Australia24$2.6Mmedian roundSept 2026last seen
  24. 24NoaDeploying nowVC firm · United Kingdom24$54Mmedian roundSept 2026last seen
  25. 25InterlagosDeploying nowVC firm · United States6$58Mmedian roundOct 2026last seen
30 more on this list

All 55 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

See the whole list →

Quick answers about VC firms backing Water

Who are the most active VC firms backing Water?

By cheques observed, the most active are General Catalyst, Antler, Innovate UK, Battery Ventures and DCVC.

How many VC firms backing Water are there?

55 are on record. 84% made an investment in the last 12 months and 53% have led a round.

Which stages do VC firms backing Water back?

Of the rounds with a named stage in the last 12 months, mostly Seed (32%) and Series A (20%).

How big are the rounds VC firms backing Water join?

The typical (median) round among the leading investors here is $6.3M.

Which sectors do VC firms backing Water back most?

In the last 12 months, mostly AI, Biotech and Healthcare.

Which VC firms backing Water lead the most rounds?

General Catalyst (97 led), Battery Ventures (29 led) and DCVC (12 led).

Where are VC firms backing Water based?

Among the most active, most are based in the United States (12), the United Kingdom (4) and Luxembourg (2).

What have VC firms backing Water invested in recently?

Recent rounds include Water Ledger Global (Other, Nov 2026, with Launch Africa), Circularity Fuels (Seed, Nov 2026, with DCVC) and altM (Series A, Nov 2026, with Mela Ventures).

Built from the rounds we watched, refreshed every night. How we count · Report a correction